PANews August 27 report: According to IT Home, on August 27, Baidu Group announced on the Hong Kong Stock Exchange that it will voluntarily convert its secondary listing status on the Hong Kong Stock Exchange to a primary listing, effective September 1, 2026. Starting from the effective date, the company will have a dual primary listing on both the Hong Kong Stock Exchange and Nasdaq. The share label “S” will be removed from the company’s stock short names on the HKD and RMB counters of the Hong Kong Stock Exchange starting September 1, 2026, after the primary conversion.

It is understood that previously Baidu was listed in Hong Kong only as a secondary listing. Its listing status depended on the U.S. Nasdaq main market and did not meet the requirements to be included in “Stock Connect (Hong Kong)”, which means that large amounts of capital from investors in mainland China cannot directly invest. If Baidu successfully obtains Stock Connect eligibility, it will help improve the company’s securities liquidity, expand its investor base, and provide greater flexibility for entering two capital markets.