China's Baidu posts tame HK debut as investors wary of fundraising spree in city

China's Baidu posts tame HK debut as investors wary of fundraising spree in city

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-baidu-hongkong-listing/chinas-baidu-posts-tame-hk-debut-as-investors-wary-of-fundraising-spree-in-city-idUSKBN2BF04W

Baidu made a tepid debut in its Hong Kong secondary stock listing on Tuesday, bucking a trend of first-day pops on the bourse, as investors were wary of a fundraising flurry in the city and questioned the search company's growth plans.

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