Baidu reportedly considers delisting from Nasdaq after US moves to tighten listing rules

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Chinese search engine giant Baidu Inc is considering delisting from the Nasdaq and moving to an exchange closer to home to boost its valuation amid rising tension between the United States and China over investments, reported Reuters late Thursday citing unnamed sources.

Baidu, one of China’s earliest US listings, is reaching out to some trusted advisers to see how it could best be done if it were to proceed, including looking at issues around funding and any regulatory reaction, it said.

The discussions are at an early stage and are subject to change, according . . .

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