Baidu Set for Hong Kong Debut After Raising $3.1 Billion

Baidu's secondary listing in Hong Kong was oversubscribed, raising $3.1 billion. The company is focusing on AI, with investments in smart devices, cloud services, and autonomous vehicles. Despite past challenges, Baidu is seeing growth in these areas, aiming to shift revenue from ads to technology-driven sectors.

What was the oversubscription rate for Baidu's secondary listing in Hong Kong?

• 150 times

• 200 times

• 110 times

• 50 times

Which company is NOT mentioned as having returned to the Hong Kong market?

• Tencent

• Alibaba

• JD

• Netease

In which area has Baidu seen double-digit growth in revenues?

• Cloud services and smart devices

• Food delivery

• Mobile applications

• Ad revenue

Which company has Baidu partnered with to build autonomous electric vehicles?

• BYD

• NIO

• Geely

• Tesla

What percentage of Baidu's revenue currently comes from ad services?

• 50%

• 60%

• 70%

• 80%