Baidu Group: 4.4 billion yuan of preferred stock application for listing.
Baidu Group announcement: The company has applied to the Hong Kong Stock Exchange to list and trade 1.9% priority notes totaling 4.4 billion yuan in a manner that is only available to professional investors. It is expected that the listing and trading of the notes will take effect on September 16, 2025. The notes will mature in 2029.
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