StockDriftsBaidu, Inc. · BIDU · 6-K · Filed
Announces Dual-Primary Listing on Hong Kong Stock Exchange
Source: SEC EDGAR, accession 0001193125-26-377438
What did Baidu, Inc. announce?
Baidu's voluntary conversion from secondary to dual-primary listing on the Hong Kong Stock Exchange is now effective.
Baidu, Inc. announced that its transition to a dual-primary listing on the Main Board of The Stock Exchange of Hong Kong Limited is now effective as of August 31, 2026. This means the company is now dual-primary listed on both the Hong Kong Stock Exchange and the Nasdaq Global Select Market in the United States.
The company's ordinary shares traded on the Hong Kong Stock Exchange and its American depositary shares (ADSs) on the Nasdaq Global Select Market will remain fungible. This fungibility indicates that shares can be converted between the two listing venues.
Baidu's ADSs trade on Nasdaq under the symbol "BIDU," while its ordinary shares are listed on HKEX under "9888" for the HKD counter and "89888" for the RMB counter. One Baidu ADS represents eight Class A ordinary shares. The board of directors includes Mr. Robin Yanhong Li as chairman and chief executive officer, along with four independent directors: Mr. Yuanqing Yang, Mr. Jixun Foo, Ms. Sandy Ran Xu, and Ms. Xiaodan Liu.
The announcement on September 1, 2026, confirmed the conversion, which was previously mentioned in an announcement dated August 27, 2026. This move provides the company with listings in both regions.
Key details
- Baidu is now a dual-primary listed company on the Hong Kong Stock Exchange and the Nasdaq Global Select Market.
- Ordinary shares listed on HKEX and ADSs listed on Nasdaq will remain fungible.
Why it matters
This 6-K reports a listing change at Baidu, Inc.. The likely share-price reaction reads as neutral.