Baidu Group has officially announced on the Hong Kong Stock Exchange that the plan, previously disclosed, to transition its secondary listing on the Hong Kong Stock Exchange to a dual-primary listing structure is now officially effective as of today. With this development, Baidu has established itself as a company with dual-primary listings on both the Hong Kong Stock Exchange and the Nasdaq Global Select Market. Furthermore, its ordinary shares listed on the Hong Kong Stock Exchange and its American depositary shares (ADSs) listed on Nasdaq will maintain their convertibility, allowing for seamless interconversion between the two.
