China's Baidu says HK listing unlikely this year

Wed Feb 13, 2008 9:13pm EST
 
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BEIJING, Feb 14 (Reuters) - China's Baidu.com Inc (BIDU.O) said on Thursday it was unlikely to list its shares in Hong Kong this year, but was still interested in listing options that would benefit investors and customers.

It would be "unlikely for this year", Baidu Chief Executive Robin Li said during a teleconference with analysts.

The comment came after the company reported a better-than-expected 79 percent surge in quarterly profit, while cautioning that its current quarter would be weaker. (Reporting by Kirby Chien; Editing by Anne Marie Roantree)

 

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