CHINESE SEARCH ENGINE BAIDU INC. TO SELL 4 PERCENT OF ITS SHARES

Highlights –

• Chinese search engine Baidu Inc. to sell 4 percent of its shares.
• The search engine company will launch itself in Hong Kong secondary listing.
• Baidu shares listed on the Nasdaq have risen 18.1% so far this year.
• The Hang Seng Tech index rose more than 5% on Thursday.

Reports suggest that Chinese search engine giant Baidu Inc. is likely to l....