China's Baidu to sell around 4% of shares in HK listing: sources

China's Baidu to sell around 4% of shares in HK listing: sources

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-baidu-hongkong-listing/chinas-baidu-to-sell-around-4-of-shares-in-hk-listing-sources-idUSKBN2B30FI

Chinese search engine giant Baidu Inc will launch its Hong Kong secondary listing on Friday and will sell around 4% of its shares, which at current price will raise at least $3 billion, two sources with direct knowledge of the matter told Reuters.

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