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

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

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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