China’s Baidu set to open 0.8% higher in Hong Kong trading debut

OSTN Staff

HONG KONG (Reuters) – Baidu Inc shares are set to rise 0.8% and open at HK$254 ($32.71) when they start trading on the Hong Kong Stock Exchange on Tuesday.

The Chinese internet giant priced its shares at HK$252 each as part of its secondary listing in Hong Kong which raised $3.1 billion.

(Reporting by Donny Kwok; Editing by Christopher Cushing)

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