An artificial intelligence robot in displayed at Baidu’s headquarters in Beijing. Photo: Bloomberg An artificial intelligence robot in displayed at Baidu’s headquarters in Beijing. Photo: Bloomberg
An artificial intelligence robot in displayed at Baidu’s headquarters in Beijing. Photo: Bloomberg
Baidu
Business /  Banking & Finance

Baidu seeks up to US$3.6 billion in Hong Kong share sale as fundraising in city reaches a record in first two months of the year

  • Baidu sets the top-end of its Hong Kong share sale at HK$295, a 12 per cent premium to its US closing price
  • The tech giant plans to use share sale proceeds on investing in its AI technologies, including cloud and autonomous driving

Topic |   Baidu
Georgina Lee
Georgina Lee

Updated: 11:52am, 12 Mar, 2021

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An artificial intelligence robot in displayed at Baidu’s headquarters in Beijing. Photo: Bloomberg An artificial intelligence robot in displayed at Baidu’s headquarters in Beijing. Photo: Bloomberg
An artificial intelligence robot in displayed at Baidu’s headquarters in Beijing. Photo: Bloomberg
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