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Baidu | SC 13G: Statement of acquisition of beneficial ownership by individuals-Baidu Online Network Technology (Beijing) Co., Ltd.(9.6%),Baidu Holdings Limited(9.6%), etc.

SEC announcement · Feb 1 06:11

BIDU -2.61%

Summary by Moomoo AI

Baidu, Inc., along with its wholly-owned subsidiaries Baidu Online Network Technology (Beijing) Co., Ltd. and Baidu Holdings Limited, has filed a Schedule 13G with the U.S. Securities and Exchange Commission on February 1, 2024, indicating a 9.6% ownership in Quhuo Limited. The filing, which is based on the ownership of 5,950,290 Class A ordinary shares, represents approximately 4.0% of the aggregate voting power of Quhuo Limited's total issued and outstanding ordinary shares. This ownership stake is calculated on the conversion of all outstanding Class B ordinary shares into Class A ordinary shares. The filing was made following the event date of December 31, 2023, and is based on the total number of ordinary shares reported by Quhuo Limited as of April 10, 2023. Baidu, Inc. is listed on the Nasdaq Global Select Market and the Stock Exchange of Hong Kong Limited.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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The moomoo app is an online trading platform offered by Moomoo Technologies Inc. Securities, brokerage products and related services available through the moomoo app are offered by including but not limited to the following brokerage firms: Moomoo Financial Inc. regulated by the U.S. Securities and Exchange Commission (SEC), Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS), Futu Securities International (Hong Kong) Limited regulated by the Securities and Futures Commission of Hong Kong (SFC), Moomoo Financial Canada Inc. regulated by the Canadian Investment Regulatory Organization (CIRO) and Futu Securities (Australia) Ltd regulated by the Australian Securities and Investments Commission (ASIC).

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