Baidu Q2 results narrowly beat expectations as cloud business grows

Nasdaq-listed Chinese tech group sees 'no hurdles' to converting to primary listing in Hong Kong

20220830N Baidu

Baidu's Beijing headquarters. The stock will be added to the Hong Kong benchmark Hang Seng index next month. © Reuters

CISSY ZHOU, Nikkei staff writer

HONG KONG -- Chinese tech group Baidu eked out better-than-expected quarterly revenue Tuesday, thanks to a 31% jump in its cloud business that offset slowing online ads for China's largest search engine.

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