Baidu denies rumours of delay to Kunlunxin listing

Briefing by News4U · First published

Baidu denied market rumours that Kunlunxin's listing timetable might be delayed, ITHome reported, citing the Science and Technology Innovation Board Daily. The company said the chip business remains in a confidential filing stage and that regulatory requirements prevent it from disclosing material non-public information, including progress in the listing process. Baidu said it would make announcements at an appropriate time and directed readers to its future disclosures. The response did not provide a public listing date. [1]

Sources

  1. 百度否认昆仑芯 IPO 推迟言论:相关市场传闻及相关报道不属实

    ITHome · · Excerpt

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