Baidu CFO: Aim to Join Stock Connect After Main Listing Conversion
Baidu is preparing for inclusion in the southbound Stock Connect after its planned conversion to dual primary listing in Hong Kong, Chief Financial Officer He Haijian said on an earnings call on August 18. The company hopes to be included as soon as possible after the conversion takes effect.
In July, Baidu's board approved the conversion of its Hong Kong listing status from secondary to dual primary, and the company has submitted an application to the Hong Kong Stock Exchange, which has confirmed receipt.
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