Employees walk through a lobby at Baidu’s headquarters in Beijing on Thursday, March 4, 2021. Photo: Bloomberg Employees walk through a lobby at Baidu’s headquarters in Beijing on Thursday, March 4, 2021. Photo: Bloomberg
Employees walk through a lobby at Baidu’s headquarters in Beijing on Thursday, March 4, 2021. Photo: Bloomberg
Baidu

Baidu becomes first technology giant to make a flat debut in Hong Kong stock market this year as investors spurn the pivot by China’s dominant search engine towards artificial intelligence

  • Baidu’s shares opened with a 0.8-per cent premium to its offer price of HK$252 before ending their first day of trading unchanged
  • Baidu gained as much as 1.8 per cent, and briefly fell by 0.2 per cent below its IPO price

Knowledge |   China's tech billionaires
Employees walk through a lobby at Baidu’s headquarters in Beijing on Thursday, March 4, 2021. Photo: Bloomberg Employees walk through a lobby at Baidu’s headquarters in Beijing on Thursday, March 4, 2021. Photo: Bloomberg
Employees walk through a lobby at Baidu’s headquarters in Beijing on Thursday, March 4, 2021. Photo: Bloomberg
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