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Chinese search giant Baidu reconsiders US listing

Baidu is considering its options over its Nasdaq listing as US lawmakers come closer to imposing tighter rules on Chinese companies trading in New York.

Robin Li, chief executive of China’s leading search engine, said his company was not worried about the prospect of its shares not trading in New York. 

“The US government is constantly tightening its control of Chinese companies listed in the US,” Mr Li told China Daily. “Internally, we are constantly discussing what we can do in response, including a secondary listing in Hong Kong or other places,” he said.

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