NextFin News — Baidu, Inc. said Wednesday that its voluntary conversion from a secondary listing to a primary listing on the Main Board of the Hong Kong Stock Exchange will take effect on Sept. 1, 2026.
From that date the company will hold dual-primary listings on the Hong Kong Stock Exchange and the Nasdaq Global Select Market. The conversion involves no issuance of new shares or fundraising. The stock marker “S” will be removed from the short names of both the Hong Kong-dollar and renminbi counters starting Sept. 1.
Shareholder approval for the change was obtained at an extraordinary general meeting held on Aug. 26. The move will subject Baidu to the full set of Hong Kong Listing Rules applicable to dual-primary issuers.
Explore more exclusive insights at nextfin.ai.
