Baidu applies to convert Hong Kong secondary listing to dual-primary status

• Baidu moved ahead with plans to convert its Hong Kong secondary listing into a dual-primary listing.
• An application was filed with the Hong Kong Stock Exchange. An acknowledgement has been received.
• The effective date is expected within this year, pending exchange approval. Baidu would then be dual-primary listed in Hong Kong and on Nasdaq.
• An extraordinary general meeting will seek mandates for up to 20% issuance of Class A shares or ADSs, up to 10% share repurchases.
• The board also proposed a 2026 share incentive plan, alongside updated articles of association tied to the listing shift.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baidu Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607220730PR_NEWS_USPR_____CN09906) on July 22, 2026, and is solely responsible for the information contained therein.