China’s top US-listed tech companies are pursuing domestic listings in a show of national support and officials are drafting regulations to ease their return.
Baidu, the dominant search engine, and Netease, the games company, publicly declared their support for listing in mainland China, speaking on the sidelines of the annual meeting of China’s rubber-stamp parliament.
“If regulations allow?.?.?.?we will definitely want to come back to the domestic stock market as soon as possible,” Robin Li, Baidu’s chief executive, said on Friday.
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