BIDU-SW (09888): Voluntarily converts to dual primary listing on the Hong Kong Stock Exchange.
Baidu Group - SW (09888) announced that the company voluntarily converts its secondary listing status on the Hong Kong Stock Exchange to a primary listing, effective September 1, 2026. From the effective date, the company will have a dual primary listing on the Hong Kong Stock Exchange and NASDAQ. The S share designation will be removed from its Hong Kong Stock Exchange counters in Hong Kong dollars and renminbi starting September 1, 2026, following the primary conversion.
BIDU-SW (09888) announced that the company voluntarily converts its secondary listing status on the Hong Kong Stock Exchange to a primary listing, effective September 1, 2026. The company will have a dual primary listing on the Hong Kong Stock Exchange and NASDAQ starting from the effective date. The "S" stock designation will be removed from the abbreviated names of its Hong Kong Stock Exchange shares in Hong Kong dollars and Renminbi from September 1, 2026, following the conversion to primary listing.
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Morgan Stanley, UBS, and other institutions are optimistic about Kuaishou (01024) regarding growth in AI and gaming: model upgrades and new game performances serve as potential catalysts.
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