Baidu shifts Hong Kong listing to dual-primary from secondary listing
BIDU•Hong Kong listing status changes to dual-primary
Baidu converted its Hong Kong secondary listing to a dual-primary listing on the HKEX main board, effective today.
The group is now dual-primary listed in Hong Kong SAR and on Nasdaq’s Global Select Market in the US.
Hong Kong-listed ordinary shares remain fungible with the US-listed American depositary shares.
One Baidu ADS represents eight Class A ordinary shares.
