Baidu Announces Inclusion of Class A Shares in Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect Programs
Baidu, Inc. announced that its Class A ordinary shares listed on the Hong Kong Stock Exchange have been included in both the Shenzhen-Hong Kong Stock Connect and the previously announced inclusion in the Shanghai-Hong Kong Stock Connect programs, effective September 7, 2026 (Beijing time). This development allows eligible mainland Chinese investors to directly trade Baidu's Class A shares through these cross-border mechanisms. The move is expected to expand Baidu’s investor base among mainland China and enhance liquidity for its shares. The inclusion in both Stock Connect programs reflects regulatory adjustments by the Shenzhen Stock Exchange, as outlined on September 7, 2026. These initiatives aim to facilitate mutual access between Chinese Mainland markets (Shanghai or Shenzhen) and Hong Kong investors through local brokers. Baidu expressed appreciation for investor support and emphasized its commitment to long-term value creation. The Shanghai-Hong Kong Stock Connect allows mainland investors to trade eligible Hong Kong shares, while the Shenzhen-Hong Kong mechanism enables similar access under a mutual stock market connectivity framework.
Tickers: $BIDU
Topics: financial_regulation market_access