Baidu seeks up to $4.8 billion in Hong Kong second listing

The Straits Times2021-03-12

HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...

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精彩评论

WeiKeong
2021-03-12
WeiKeong
Tell me your opinion about this news...
- Jojofi:
  [鬼脸]
- WeiKeong:
  [得意]
- Meowtato:
  Baidu is on the toll
WeiKeong
2021-03-12
WeiKeong
Jia you!
Jojofi
2021-03-12
Jojofi
Wow
- WeiKeong:
  [财迷]
- Jojofi:
  [得意]
JayTan
2021-03-12
JayTan
Good
Sneaks21
2021-03-12
Sneaks21
Off we go 🚀
JoshyQ
2021-03-12
JoshyQ
Long Baidu gogogo !!
- AppleMango:
  Please response back

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156

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu seeks up to $4.8 billion in Hong Kong second listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118242934","content_text":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded Chinese firm in the city this year.\nNasdaq-listed Baidu is selling 95 million shares in the offering and has set a maximum price of HK$295 for the portion of the sale reserved for Hong Kong retail investors, it said in a regulatory filing on Thursday (March 11). That price represents a 19 per cent premium to Baidu's Wednesday closing price in New York. Baidu rose 6.8 per cent on Thursday.\nBaidu aims to set the final price before the US market open on March 17 and start trading in Hong Kong on March 23. At US$3.6 billion (S$4.8 billion), it would be the biggest so-called homecoming listing of a US-traded Chinese company in Hong Kong since JD.com's June 2020 offering, which raised US$4.5 billion.\nBaidu follows online car-sales website Autohome in seeking a trading foothold in the Asian financial hub this year, after a wave of such share sales in 2020 which saw some US$17 billion raised. 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The Chinese company's shares are trading 168 per cent above their offering price.\nOnce one of China's tech leaders, Baidu is now playing catch-up as the country's internet users increasingly shift from desktop to mobile. In recent years the company has spent billions of dollars in areas such as language learning and autonomous driving, betting on smart devices and vehicles of the future.\nBank of America, CLSA and Goldman Sachs Group are joint sponsors of the offering, while China International Capital Corp, UBS Group and CCB International (Holdings) are joint global coordinators, according to Thursday's filing.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3778427,"gmtCreate":1615534912074,"gmtModify":1635755430352,"authorId":3574911895867822,"author":{"id":3574911895867822,"authorId":3574911895867822,"name":"Jojofi","avatar":"https://static.tigerbbs.com/b38ecb7f10f831fb2c5dfa4b6984a1cb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328249046,"type":1,"supId":0,"prevId":0,"content":"[鬼脸]","text":"[鬼脸]","html":"[鬼脸]"},{"id":3778430,"gmtCreate":1615534937947,"gmtModify":1635755430111,"authorId":3574809268346931,"author":{"id":3574809268346931,"authorId":3574809268346931,"name":"WeiKeong","avatar":"https://static.tigerbbs.com/5495c1f2e5e2d6067ea4add6d0b105c5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328249046,"type":1,"supId":3778427,"prevId":0,"content":"[得意]","text":"[得意]","html":"[得意]"},{"id":3778745,"gmtCreate":1615537131601,"gmtModify":1635755420194,"authorId":3555328792114234,"author":{"id":3555328792114234,"authorId":3555328792114234,"name":"Meowtato","avatar":"https://static.tigerbbs.com/9b088243bafe7a6e5f4eb9fba492b1d8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328249046,"type":1,"supId":0,"prevId":0,"content":"Baidu is on the toll ","text":"Baidu is on the toll ","html":"Baidu is on the toll "}],"langContent":"EN"},{"id":328240536,"gmtCreate":1615534867825,"gmtModify":1703490557114,"author":{"id":"3574809268346931","authorId":"3574809268346931","authorIdStr":"3574809268346931","name":"WeiKeong","avatar":"https://static.tigerbbs.com/5495c1f2e5e2d6067ea4add6d0b105c5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574809268346931"},"htmlText":"Jia you!","listText":"Jia you!","text":"Jia you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328240536","repostId":2118242934,"repostType":4,"repost":{"id":"2118242934","pubTimestamp":1615508666,"share":"https://www.laohu8.com/m/news/2118242934?lang=&edition=full","pubTime":"2021-03-12 08:24","market":"us","language":"en","title":"Baidu seeks up to $4.8 billion in Hong Kong second listing","url":"https://stock-news.laohu8.com/highlight/detail?id=2118242934","media":"The Straits Times","summary":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu seeks up to $4.8 billion in Hong Kong second listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118242934","content_text":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded Chinese firm in the city this year.\nNasdaq-listed Baidu is selling 95 million shares in the offering and has set a maximum price of HK$295 for the portion of the sale reserved for Hong Kong retail investors, it said in a regulatory filing on Thursday (March 11). That price represents a 19 per cent premium to Baidu's Wednesday closing price in New York. Baidu rose 6.8 per cent on Thursday.\nBaidu aims to set the final price before the US market open on March 17 and start trading in Hong Kong on March 23. At US$3.6 billion (S$4.8 billion), it would be the biggest so-called homecoming listing of a US-traded Chinese company in Hong Kong since JD.com's June 2020 offering, which raised US$4.5 billion.\nBaidu follows online car-sales website Autohome in seeking a trading foothold in the Asian financial hub this year, after a wave of such share sales in 2020 which saw some US$17 billion raised. Other companies looking at selling shares in the city include Tencent Music Entertainment Group and video company Bilibili.\nAutohome raised US$688 million after pricing its Hong Kong share sale at about a 5.5 per cent discount to its last closing price in New York on Monday.\nA growing cohort of US-traded Chinese firms have been listing in Hong Kong amid deteriorating relations between the world's two biggest economies. The second listings enable the companies to expand their investor bases closer to their home markets.\nThe trend has boosted the listing volumes of Hong Kong's bourse, which now has a growing contingent of tech companies listed there. The city has had a bumper start to the year for initial public offerings, such as video startup Kuaishou Technology's US$6.2 billion debut in February. The Chinese company's shares are trading 168 per cent above their offering price.\nOnce one of China's tech leaders, Baidu is now playing catch-up as the country's internet users increasingly shift from desktop to mobile. In recent years the company has spent billions of dollars in areas such as language learning and autonomous driving, betting on smart devices and vehicles of the future.\nBank of America, CLSA and Goldman Sachs Group are joint sponsors of the offering, while China International Capital Corp, UBS Group and CCB International (Holdings) are joint global coordinators, according to Thursday's filing.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328240079,"gmtCreate":1615534796891,"gmtModify":1703490556252,"author":{"id":"3574911895867822","authorId":"3574911895867822","authorIdStr":"3574911895867822","name":"Jojofi","avatar":"https://static.tigerbbs.com/b38ecb7f10f831fb2c5dfa4b6984a1cb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574911895867822"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/328240079","repostId":2118242934,"repostType":4,"repost":{"id":"2118242934","pubTimestamp":1615508666,"share":"https://www.laohu8.com/m/news/2118242934?lang=&edition=full","pubTime":"2021-03-12 08:24","market":"us","language":"en","title":"Baidu seeks up to $4.8 billion in Hong Kong second listing","url":"https://stock-news.laohu8.com/highlight/detail?id=2118242934","media":"The Straits Times","summary":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu seeks up to $4.8 billion in Hong Kong second listing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu seeks up to $4.8 billion in Hong Kong second listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118242934","content_text":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded Chinese firm in the city this year.\nNasdaq-listed Baidu is selling 95 million shares in the offering and has set a maximum price of HK$295 for the portion of the sale reserved for Hong Kong retail investors, it said in a regulatory filing on Thursday (March 11). That price represents a 19 per cent premium to Baidu's Wednesday closing price in New York. Baidu rose 6.8 per cent on Thursday.\nBaidu aims to set the final price before the US market open on March 17 and start trading in Hong Kong on March 23. At US$3.6 billion (S$4.8 billion), it would be the biggest so-called homecoming listing of a US-traded Chinese company in Hong Kong since JD.com's June 2020 offering, which raised US$4.5 billion.\nBaidu follows online car-sales website Autohome in seeking a trading foothold in the Asian financial hub this year, after a wave of such share sales in 2020 which saw some US$17 billion raised. Other companies looking at selling shares in the city include Tencent Music Entertainment Group and video company Bilibili.\nAutohome raised US$688 million after pricing its Hong Kong share sale at about a 5.5 per cent discount to its last closing price in New York on Monday.\nA growing cohort of US-traded Chinese firms have been listing in Hong Kong amid deteriorating relations between the world's two biggest economies. The second listings enable the companies to expand their investor bases closer to their home markets.\nThe trend has boosted the listing volumes of Hong Kong's bourse, which now has a growing contingent of tech companies listed there. The city has had a bumper start to the year for initial public offerings, such as video startup Kuaishou Technology's US$6.2 billion debut in February. The Chinese company's shares are trading 168 per cent above their offering price.\nOnce one of China's tech leaders, Baidu is now playing catch-up as the country's internet users increasingly shift from desktop to mobile. In recent years the company has spent billions of dollars in areas such as language learning and autonomous driving, betting on smart devices and vehicles of the future.\nBank of America, CLSA and Goldman Sachs Group are joint sponsors of the offering, while China International Capital Corp, UBS Group and CCB International (Holdings) are joint global coordinators, according to Thursday's filing.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3778414,"gmtCreate":1615534821796,"gmtModify":1635755430957,"authorId":3574809268346931,"author":{"id":3574809268346931,"authorId":3574809268346931,"name":"WeiKeong","avatar":"https://static.tigerbbs.com/5495c1f2e5e2d6067ea4add6d0b105c5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328240079,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"},{"id":3778416,"gmtCreate":1615534830648,"gmtModify":1635755430836,"authorId":3574911895867822,"author":{"id":3574911895867822,"authorId":3574911895867822,"name":"Jojofi","avatar":"https://static.tigerbbs.com/b38ecb7f10f831fb2c5dfa4b6984a1cb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328240079,"type":1,"supId":3778414,"prevId":0,"content":"[得意]","text":"[得意]","html":"[得意]"}],"langContent":"EN"},{"id":328255925,"gmtCreate":1615534371067,"gmtModify":1703490551410,"author":{"id":"3572397521268164","authorId":"3572397521268164","authorIdStr":"3572397521268164","name":"JayTan","avatar":"https://static.tigerbbs.com/2df5c1d990871ccbfc0f26d4948532db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572397521268164"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328255925","repostId":2118242934,"repostType":4,"repost":{"id":"2118242934","pubTimestamp":1615508666,"share":"https://www.laohu8.com/m/news/2118242934?lang=&edition=full","pubTime":"2021-03-12 08:24","market":"us","language":"en","title":"Baidu seeks up to $4.8 billion in Hong Kong second listing","url":"https://stock-news.laohu8.com/highlight/detail?id=2118242934","media":"The Straits Times","summary":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu seeks up to $4.8 billion in Hong Kong second listing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu seeks up to $4.8 billion in Hong Kong second listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118242934","content_text":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded Chinese firm in the city this year.\nNasdaq-listed Baidu is selling 95 million shares in the offering and has set a maximum price of HK$295 for the portion of the sale reserved for Hong Kong retail investors, it said in a regulatory filing on Thursday (March 11). That price represents a 19 per cent premium to Baidu's Wednesday closing price in New York. Baidu rose 6.8 per cent on Thursday.\nBaidu aims to set the final price before the US market open on March 17 and start trading in Hong Kong on March 23. At US$3.6 billion (S$4.8 billion), it would be the biggest so-called homecoming listing of a US-traded Chinese company in Hong Kong since JD.com's June 2020 offering, which raised US$4.5 billion.\nBaidu follows online car-sales website Autohome in seeking a trading foothold in the Asian financial hub this year, after a wave of such share sales in 2020 which saw some US$17 billion raised. Other companies looking at selling shares in the city include Tencent Music Entertainment Group and video company Bilibili.\nAutohome raised US$688 million after pricing its Hong Kong share sale at about a 5.5 per cent discount to its last closing price in New York on Monday.\nA growing cohort of US-traded Chinese firms have been listing in Hong Kong amid deteriorating relations between the world's two biggest economies. The second listings enable the companies to expand their investor bases closer to their home markets.\nThe trend has boosted the listing volumes of Hong Kong's bourse, which now has a growing contingent of tech companies listed there. The city has had a bumper start to the year for initial public offerings, such as video startup Kuaishou Technology's US$6.2 billion debut in February. The Chinese company's shares are trading 168 per cent above their offering price.\nOnce one of China's tech leaders, Baidu is now playing catch-up as the country's internet users increasingly shift from desktop to mobile. In recent years the company has spent billions of dollars in areas such as language learning and autonomous driving, betting on smart devices and vehicles of the future.\nBank of America, CLSA and Goldman Sachs Group are joint sponsors of the offering, while China International Capital Corp, UBS Group and CCB International (Holdings) are joint global coordinators, according to Thursday's filing.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328264592,"gmtCreate":1615531749916,"gmtModify":1703490523755,"author":{"id":"3574164331534159","authorId":"3574164331534159","authorIdStr":"3574164331534159","name":"Sneaks21","avatar":"https://static.tigerbbs.com/fab6e88e3f9fc23d16a1a217d966f8db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574164331534159"},"htmlText":"Off we go 🚀","listText":"Off we go 🚀","text":"Off we go 🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328264592","repostId":2118242934,"repostType":4,"repost":{"id":"2118242934","pubTimestamp":1615508666,"share":"https://www.laohu8.com/m/news/2118242934?lang=&edition=full","pubTime":"2021-03-12 08:24","market":"us","language":"en","title":"Baidu seeks up to $4.8 billion in Hong Kong second listing","url":"https://stock-news.laohu8.com/highlight/detail?id=2118242934","media":"The Straits Times","summary":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu seeks up to $4.8 billion in Hong Kong second listing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu seeks up to $4.8 billion in Hong Kong second listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118242934","content_text":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded Chinese firm in the city this year.\nNasdaq-listed Baidu is selling 95 million shares in the offering and has set a maximum price of HK$295 for the portion of the sale reserved for Hong Kong retail investors, it said in a regulatory filing on Thursday (March 11). That price represents a 19 per cent premium to Baidu's Wednesday closing price in New York. Baidu rose 6.8 per cent on Thursday.\nBaidu aims to set the final price before the US market open on March 17 and start trading in Hong Kong on March 23. At US$3.6 billion (S$4.8 billion), it would be the biggest so-called homecoming listing of a US-traded Chinese company in Hong Kong since JD.com's June 2020 offering, which raised US$4.5 billion.\nBaidu follows online car-sales website Autohome in seeking a trading foothold in the Asian financial hub this year, after a wave of such share sales in 2020 which saw some US$17 billion raised. Other companies looking at selling shares in the city include Tencent Music Entertainment Group and video company Bilibili.\nAutohome raised US$688 million after pricing its Hong Kong share sale at about a 5.5 per cent discount to its last closing price in New York on Monday.\nA growing cohort of US-traded Chinese firms have been listing in Hong Kong amid deteriorating relations between the world's two biggest economies. The second listings enable the companies to expand their investor bases closer to their home markets.\nThe trend has boosted the listing volumes of Hong Kong's bourse, which now has a growing contingent of tech companies listed there. The city has had a bumper start to the year for initial public offerings, such as video startup Kuaishou Technology's US$6.2 billion debut in February. The Chinese company's shares are trading 168 per cent above their offering price.\nOnce one of China's tech leaders, Baidu is now playing catch-up as the country's internet users increasingly shift from desktop to mobile. In recent years the company has spent billions of dollars in areas such as language learning and autonomous driving, betting on smart devices and vehicles of the future.\nBank of America, CLSA and Goldman Sachs Group are joint sponsors of the offering, while China International Capital Corp, UBS Group and CCB International (Holdings) are joint global coordinators, according to Thursday's filing.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328282026,"gmtCreate":1615530241165,"gmtModify":1703490505109,"author":{"id":"3574925827192931","authorId":"3574925827192931","authorIdStr":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"3574925827192931"},"htmlText":"Long Baidu gogogo !!&nbsp;","listText":"Long Baidu gogogo !!&nbsp;","text":"Long Baidu gogogo !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/328282026","repostId":2118242934,"repostType":4,"repost":{"id":"2118242934","pubTimestamp":1615508666,"share":"https://www.laohu8.com/m/news/2118242934?lang=&edition=full","pubTime":"2021-03-12 08:24","market":"us","language":"en","title":"Baidu seeks up to $4.8 billion in Hong Kong second listing","url":"https://stock-news.laohu8.com/highlight/detail?id=2118242934","media":"The Straits Times","summary":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu seeks up to $4.8 billion in Hong Kong second listing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu seeks up to $4.8 billion in Hong Kong second listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118242934","content_text":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded Chinese firm in the city this year.\nNasdaq-listed Baidu is selling 95 million shares in the offering and has set a maximum price of HK$295 for the portion of the sale reserved for Hong Kong retail investors, it said in a regulatory filing on Thursday (March 11). That price represents a 19 per cent premium to Baidu's Wednesday closing price in New York. Baidu rose 6.8 per cent on Thursday.\nBaidu aims to set the final price before the US market open on March 17 and start trading in Hong Kong on March 23. At US$3.6 billion (S$4.8 billion), it would be the biggest so-called homecoming listing of a US-traded Chinese company in Hong Kong since JD.com's June 2020 offering, which raised US$4.5 billion.\nBaidu follows online car-sales website Autohome in seeking a trading foothold in the Asian financial hub this year, after a wave of such share sales in 2020 which saw some US$17 billion raised. Other companies looking at selling shares in the city include Tencent Music Entertainment Group and video company Bilibili.\nAutohome raised US$688 million after pricing its Hong Kong share sale at about a 5.5 per cent discount to its last closing price in New York on Monday.\nA growing cohort of US-traded Chinese firms have been listing in Hong Kong amid deteriorating relations between the world's two biggest economies. The second listings enable the companies to expand their investor bases closer to their home markets.\nThe trend has boosted the listing volumes of Hong Kong's bourse, which now has a growing contingent of tech companies listed there. The city has had a bumper start to the year for initial public offerings, such as video startup Kuaishou Technology's US$6.2 billion debut in February. The Chinese company's shares are trading 168 per cent above their offering price.\nOnce one of China's tech leaders, Baidu is now playing catch-up as the country's internet users increasingly shift from desktop to mobile. In recent years the company has spent billions of dollars in areas such as language learning and autonomous driving, betting on smart devices and vehicles of the future.\nBank of America, CLSA and Goldman Sachs Group are joint sponsors of the offering, while China International Capital Corp, UBS Group and CCB International (Holdings) are joint global coordinators, according to Thursday's filing.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3778250,"gmtCreate":1615532950830,"gmtModify":1635755437102,"authorId":3567141277226150,"author":{"id":3567141277226150,"authorId":3567141277226150,"name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328282026,"type":1,"supId":0,"prevId":0,"content":"Please response back","text":"Please response back","html":"Please response back"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":156,"commentSize":50,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2118242934"}