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Exclusive: Baidu considers leaving the Nasdaq to boost its valuation - sources

FILE PHOTO: Worker wearing a face mask cleans the floor, near a Baidu AI robot which shows a

HONG KONG/BEIJING (Reuters) - Chinese search engine giant Baidu Inc is considering delisting from the U.S. Nasdaq and moving to an exchange closer to home to boost its valuation amid rising tension between the United States and China over investments, three sources said.Baidu, one of China's earliest U.S. listings, is reaching out to some trusted advisers to see how it could best be done if it were to proceed, including looking at issues around funding and any regulatory reaction, the sources..

Date Published: May 21, 2020

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