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By Joanne Chiu Baidu Inc., the operator of China s largest search engine, aims to raise about $3.03 billion from a Hong Kong share sale, joining a string of U.S.-traded peers in securing a secondary listing closer to home. Chinese companies whose stock already trades in the U.S. have rushed to obtain listings in Hong Kong, both as a way to tap investors who are more familiar with businesses from China, and as an insurance policy against potentially being kicked off U.S. markets. Since Hong Kong s stock exchange relaxed its rules in 2018 to allow such secondary listings, 10 companies, including JD.com Inc., NetEase Inc. and Yum China Holdings Inc., have issued stock in Hong Kong, raising a combined $29.9 billion, Dealogic data shows. The biggest deal was by e-commerce giant Alibaba Group Holding Ltd., which raised $12.9 billion. ....