Baidu Hong Kong shares jump as mainland investors start buying
Baidu said mainland Chinese investors can buy its Hong Kong shares starting Monday. The Hong Kong listing closed at HK$95.90, up 4.8%, while U.S.-listed shares rose about 3% to $98.44.
Baidu’s Hong Kong shares jumped nearly 5% on Friday after the company said mainland Chinese investors will be able to buy the stock starting Monday.The Hong Kong listing closed at HK$95.90, up 4.8%.
U.S.-listed shares rose about 3% to $98.44 at the time of writing.Why This Helps The StockShanghai o…