Baidu Inc. has announced its proposal to offer CNY-denominated senior unsecured notes in offshore transactions outside the United States to non-U.S. persons, in accordance with Regulation S under the United States Securities Act of 1933.

Baidu shares jumped 6% in HK market.

The offering is subject to market conditions and other factors. The announcement does not specify the principal amount, interest rates, price, or maturity date for the issuance.

The Notes Offering represents Baidu's strategic move to leverage international markets for financial growth.

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