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 . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- THE WIRE - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
- DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare.
Grab the Special Offer ! Get Yuan Talks full service at $0.6 a day!
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In