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BIDU Baidu Inc

113.50
1.75 (1.57%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Baidu Inc NASDAQ:BIDU NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  1.75 1.57% 113.50 113.37 113.55 113.87 111.50 112.86 3,724,504 00:57:26

Baidu Inc. May Raise Up to $3.5 Billion in Hong Kong Listing, Bloomberg Reports

07/01/2021 11:06am

Dow Jones News


Baidu (NASDAQ:BIDU)
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From May 2019 to May 2024

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--Chinese search engine giant Baidu Inc. plans to raise at least $3.5 billion in a Hong Kong listing, Bloomberg says, citing unnamed sources.

--Baidu could sell its shares in Hong Kong as soon as the first half of the year, and has selected CLSA Ltd. and Goldman Sachs Group as two of the banks handling the listing, the sources said.

--More banks could be added and the size and timing of the offering are subject to change, the sources further said.

 

Full story: https://bloom.bg/2MySduY

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

January 07, 2021 05:51 ET (10:51 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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