Baidu, Inc. Class A (HK:9888) has released an update.
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Baidu, Inc. has disclosed its ownership report on Trip.com Group Limited via a Schedule 13D/A filing with the SEC, while highlighting its weighted voting rights structure, where Class A shares get one vote per share and Class B shares get ten. Investors are cautioned about the risks associated with the company’s weighted voting rights. Baidu’s shares are traded on Nasdaq in the U.S. under the symbol BIDU and also listed on The Stock Exchange of Hong Kong Limited.
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