Baidu Group Applies for Dual Primary Listing on Hong Kong and Nasdaq
Baidu Group announced that its board of directors has authorized management to proceed with a voluntary conversion to a primary listing on the main board of the Hong Kong Stock Exchange, expected to take effect within this year. Upon completion of the relevant procedures, Baidu will achieve a dual primary listing in Hong Kong and Nasdaq. The dual primary listing will enhance the liquidity of the company's securities, expand its investor base, and provide greater flexibility for entering both capital markets.
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