Exclusive: Baidu considers leaving the Nasdaq to boost its valuation - sources [Reuters]
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm
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Source: Reuters
Exclusive: Baidu considers leaving the Nasdaq to boost its valuation - sources HONG KONG/BEIJING (Reuters) - Chinese search engine giant Baidu Inc ( BIDU.O ) is considering delisting from the U.S. Nasdaq and moving to an exchange closer to home to boost its valuation amid rising tension between the United States and China over investments, three sources said. Baidu, one of China’s earliest U.S. listings, is reaching out to some trusted advisers to see how it could best be done if it were to proceed, including looking at issues around funding and any regulatory reaction, the sources told Reuters. The discussions are at an early stage and are subject to change, said the sources, who spoke on condition of anonymity because the matter is not public. Baidu declined to comment. The company pointed to comments by co-founder and Chief Executive Robin Li who told the state-controlled China Daily on Thursday that Baidu was paying close attention to the tighter U.S. scrutiny of Chinese compani
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BIDU
News
- Baidu, Inc. (NASDAQ: BIDU) had its price target lowered by analysts at HSBC Holdings plc from $157.00 to $145.00. They now have a "buy" rating on the stock.MarketBeat
- Baidu Inc. (BIDU) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Is It Worth Investing in Baidu Inc. (BIDU) Based on Wall Street's Bullish Views? [Yahoo! Finance]Yahoo! Finance
- Baidu Launches Second ERNIE Cup, A Global Innovation Challenge to Discover the Next Big AI-Native Applications [Yahoo! Finance]Yahoo! Finance
- Baidu Launches Second ERNIE Cup, A Global Innovation Challenge to Discover the Next Big AI-Native ApplicationsPR Newswire
BIDU
Earnings
- 2/28/24 - Beat
BIDU
Sec Filings
- 4/12/24 - Form 6-K
- 4/2/24 - Form 144
- 3/18/24 - Form 6-K
- BIDU's page on the SEC website