Baidu Considers China Domestic Listing

Baidu, the number one search engine in China, is considering a possible domestic listing. According to Chief Financial Officer Shawn Wang,

“We have made some informal communications with officials at the China Securities Regulatory Commission for a possible domestic listing. However, we are still facing many legal obstacles if we want to list domestically as there hasn’t been any specific regulations which allow the likes of Baidu to list domestically.”

If Baidu can list domestically in China, it can advance its status in acquiring other search engine related companies that can complement Baidu’s core business.

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