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Cathie Wood’s ARK Invest Sold Tesla Stock and Snapped Up These Chinese Tech Stocks
A Dec. 8 trading disclosure shows the purchased 51,300 shares of Baidu increasing its stake to 614,550 shares of the internet services company, valued at some $79.9 million. As of Dec. 9, Baidu represented roughly 1% of the fund’s total holdings. Baidu wasn’t the only Chinese stock that piqued the interest of Wood’s firm. Dec 9, 2025 - $BIDU
Baidu mulls Hong Kong spin-off of Kunlunxin chip unit as China semiconductor deals surge
Baidu has confirmed that it is weighing a spin-off and Hong Kong listing of its semiconductor arm, as a fresh wave of investor interest sweeps China's chip sector. The search engine giant said on Sunday that Kunlunxin (Beijing) Technology was "in the process of the proposed spin-off and listing in Hong Kong, after reports that the unit planned to file an initial public offering no earlier than the first quarter of next year". However, the company cautioned that there was "no assurance" that the Dec 8, 2025 - $BIDU
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