320-x-100_uti_gold.jpg" alt="Advertisement">
01-01-1970 12:00 AM | Source: Reuters
Baidu raises $3.08 billion from Hong Kong listing -Sources
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
HONG KONG - Chinese internet search giant Baidu Inc is set to raise $3.08 billion by pricing its shares at $HK252 each in its Hong Kong secondary listing, according to two sources with direct knowledge of the matter.
The New York listed Baidu is selling 95 million shares as part of the transaction.
The people could not be named as the information has not yet been made public.
Baidu did not immediately respond to a request for comment.
(Reporting by Scott Murdoch in Hong Kong; Editing by Tom Hogue)
Latest News
Nail Fashion Trends: The Art of Expressing Style Thr...
Sustainable Living: Tips for a Greener Lifestyle
PM Narendra Modi to attend Christmas celebrations ho...
Government launching 3 apps to protect consumers in ...
Kia to launch compact SUV `Syros` in India next year
GST recommendations to create business-friendly envi...
CII seeks priority sector lending for new and emergi...
The Wealth of Experiences: How Travel and Cultural E...
India`s tax panel rejects airlines` call to add avia...
Rozgar Mela: PM Narendra Modi to distribute 71,000 a...
