Baidu Shares Retreat Up to 6.5% After Inclusion in Stock Connect
Baidu's shares fell as much as 6.5% in Hong Kong trading after the company was officially added to the Stock Connect scheme. The stock touched a low of HK$89.7 before recovering to HK$91.5 by 10:28 a. m. , down 4.6%, with turnover exceeding HK$1.68 billion.
Baidu has been officially included in the Stock Connect program. The company's shares retreated in morning trading, falling as much as 6.5% to a low of HK$89.7. As of 10:28 a. m. , the stock was trading at HK$91.5, down 4.6%, with turnover exceeding HK$1.68 billion.