In fact, as early as the beginning of January this year, Baidu and Ctrip also spread the news that they would be listed on the Hong Kong stock exchange for a second time. In April, it was reported that the secondary listing of Baidu and Ctrip was speeding up, and they would formally submit their forms to the Hong Kong Stock Exchange in a short period of time.
With the reform of the Hong Kong stock exchange, Alibabas secondary listing in Hong Kong stock market and China concept stock falling into trust crisis in the United States, the upsurge of China capital stock return is coming. Since the beginning of this year, US stock companies including Jingdong and NetEase have been listed in Hong Kong for the second time. In addition, according to the economic reports of the 21st century, there are incomplete reviews, including station B, New Oriental, Zhongtong express, auto home, vipshop, pinduoduo, Lexin, Huazhu group and other enterprises.
Baidus U.S. shares are worth about $44.37 billion, up more than 2% before 19:00 p.m. Beijing time.