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semiconductor division, Kunlunxin, is preparing for a Hong Kong listing at a target valuation of $50 billion, Reuters reported Monday, citing The Information.The publication said Kunlunxin is asking potential investors to purchase additional chips worth several times their intended IPO subscription amount.These developments come alongside Momenta's separate listing plans, which feature Mercedes and GIC as cornerstone backers, said the publication.Baidu didn't immediately respond to MT Newswire's request for 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