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An update from Baidu, Inc. Class A ( (HK:9888) ) is now available.
Baidu, Inc. has announced that it is evaluating the potential spin-off and separate listing of its non-wholly owned subsidiary, Kunlunxin (Beijing) Technology Co., Ltd. This move, if pursued, will require regulatory approval and could impact the company’s operational focus and market positioning. The company has committed to adhering to the relevant listing rules and will provide updates as necessary.
The most recent analyst rating on (HK:9888) stock is a Hold with a HK$122.00 price target. To see the full list of analyst forecasts on Baidu, Inc. Class A stock, see the HK:9888 Stock Forecast page.
More about Baidu, Inc. Class A
Baidu, Inc. is a leading technology company incorporated in the Cayman Islands, known for its focus on internet-related services and products, artificial intelligence, and various technology solutions. It operates with a weighted voting rights structure and is listed on Nasdaq under the symbol BIDU.
Average Trading Volume: 20,611,770
Technical Sentiment Signal: Buy
Current Market Cap: HK$334.4B
See more data about 9888 stock on TipRanks’ Stock Analysis page.