BAIDU INC. TO PRICE ITS SHARES $32.45 EACH AT HONG KONG SECONDARY LISTING

Highlights –

• Baidu Inc. to price its shares $32.45 each at Hong Kong secondary listing.
• Baidu reportedly will sell 95 million shares as part of the upcoming transaction.
• Baidu is reported to start trading its shares on the Hong Kong market on March 23.
• The Demand for margin loans to buy Baidu’s share continues to remain strong.

According to sourc....