BIDU-SW (09888.HK): Conversion to dual-primary listing takes effect, HK shares and ADSs remain interchangeable

NewTimeSpace News: On 1 September 2026, Baidu, Inc. (stock code: 09888) announced that the conversion of its voluntary change of listing status from secondary listing to dual-primary listing on the Hong Kong Stock Exchange has taken effect on the same date, and the Company is now dual-primary listed on both the Hong Kong Stock Exchange and the Nasdaq Global Select Market. Reference is made to the Company's announcement dated 27 August 2026.

The Company's ordinary shares listed on the Hong Kong Stock Exchange and its American depositary shares listed on the Nasdaq Global Select Market will remain interchangeable, with each ADS representing eight Class A ordinary shares, and the ticker symbol on Nasdaq being BIDU.

The Company is controlled by a weighted voting rights structure, under which holders of Class A ordinary shares are entitled to one vote per share and holders of Class B ordinary shares are entitled to ten votes per share.

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