Baidu (09888.HK) said its board approved seeking a voluntary conversion of its
Hong Kong Main Board listing to a dual primary listing under HKEX guidance
HKEX-GL112-22. The conversion is expected to take effect within the year. The
board has authorized management to undertake preparatory work and take necessary
steps to complete the conversion. Upon completion, the company would hold dual
primary listings on the HKEX Main Board and the Nasdaq Global Select Market; its
Class A ordinary shares and ADSs would continue to trade on both exchanges, as
applicable, and remain convertible.
