Baidu announced that its voluntary conversion from a secondary listing to a dual-primary listing status on the Main Board of The Stock Exchange of Hong Kong Limited became effective on August 31, 2026. Consequently, Baidu is now a dual-primary listed company in both Hong Kong and the United States (Nasdaq). Its ordinary shares on the HKEX and American depositary shares on Nasdaq remain fungible. This structural change does not involve new capital raising or executive changes. Baidu operates as a leading artificial intelligence and internet technology company.
