Baidu picks CLSA, Goldman for a Hong Kong secondary listing that may raise at least US$3.5 billion, sources say

//Baidu picks CLSA, Goldman for a Hong Kong secondary listing that may raise at least US$3.5 billion, sources say

Baidu picks CLSA, Goldman for a Hong Kong secondary listing that may raise at least US$3.5 billion, sources say

Chinese search engine giant Baidu has selected CLSA and Goldman Sachs for its planned second listing in Hong Kong, which could raise at least US$3.5 billion, according to people familiar with the matter.Nasdaq-listed Baidu plans to sell shares in the Asian financial hub as soon as the first half of this year, the people said, asking not to be identified as the information isn’t public. The company could sell about 5 per cent to 9 per cent of its share capital, meaning the offering could raise…

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By | 2021-01-07T15:20:38+00:00 January 7th, 2021|Technology|Comments Off on Baidu picks CLSA, Goldman for a Hong Kong secondary listing that may raise at least US$3.5 billion, sources say