(Jan 14): Baidu Inc is considering upgrading its Hong Kong listing to primary status to gain more exposure to investors in mainland China and protect itself from potentially unfavourable US policies, according to people familiar with the matter. The technology company — with a market value of US$52 billion (RM210.47 billion) — trades on the Nasdaq and has a second listing in Hong Kong. That makes it more accessible to investors in Asia, but not in mainland China because it still isn’t eligible for the so-called stock connect. A primary listing would help Baidu qualify for cross-border trading, opening up investment flows from the mainland to Hong Kong. Upgrading the Hong Kong listing might offer a hedge against US sanction risk given the political sensitivity of the sector, the people said, asking not to be identified because the information is private.

Source: The Edge Markets January 14, 2026 09:41 UTC