On September 18, 2026, Citigroup Inc. borrowed 111.52 million shares of BIDU-W from its prime brokerage clients. Concurrently, the short position increased due to its obligation to return the borrowed shares. This was not an open-market transaction, but a borrowing arrangement with prime brokerage clients.

Prior to the disclosure, Citigroup Inc. held 0 long shares and 0 short shares in BIDU-W. Following the borrowing, the long position became 111.52 million shares (5.04%) and the short position became 26.33 million shares (1.19%).