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Baidu: seeking voluntary conversion on the Hong Kong Stock Exchange Main Board to a dual-primary listing

2026-07-16 08:47:49

Abstract generation in progress

Golden Finance News reported that on July 16, Baidu (09888.HK) today announced that its board of directors approved a motion to seek a voluntary conversion to a dual primary listing on the Main Board of the Hong Kong Stock Exchange in accordance with HKEX-GL112-22 guidance. The expected key conversion actions will take effect during this year. The board of directors also authorized the Company’s management to carry out the relevant preparatory work and take necessary steps to complete the key conversion actions. After the key conversion actions, the Company will become a dual primary listed company on both the Main Board of the Hong Kong Stock Exchange and Nasdaq Global Select Market, and its Class A ordinary shares and American depositary shares will continue to be traded on the two exchanges (as applicable) and remain convertible between each other. (Jin Shi)

BAIDU GROUP-SW2.60%

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