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article [news.yahoo.com]
China's Internet search leader Baidu.com Inc. is considering a domestic listing, a step toward advancing its long-term aim to acquire search engine-related companies, a senior executive said on Saturday.
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"However, we are still facing many legal obstacles if we want to list domestically as there hasn't been any specific regulations which allow the likes of Baidu to list domestically," he said, adding that legally, Baidu is a wholly foreign capital-invested company.
Could this trigger an opening of China's stock markets for international companies if Baidu is successful?
article [iht.com]
Baidu.com, owner of China's most-used Internet search engine, is not seeking to sell shares publicly in China for now because of regulatory requirements for companies to list domestically."It is not such a viable plan for us right now," said Cynthia He, a Baidu spokeswoman in Beijing, where the company is based. "We would love in the future for our users to be able to also be our shareholders."