ADVISORY, Aug. 3, 2010 (GLOBE NEWSWIRE) --
Robin Li, Founder, Chairman and CEO of Baidu, Inc. (BIDU)
Sandy Frucher, Vice Chairman, NASDAQ OMX Group
Baidu is NASDAQ's largest listed company in China and a member of the NASDAQ-100 Index®. Baidu is celebrating its fifth anniversary as a NASDAQ listed company and its strong growth and innovations.
Baidu, the leading Chinese language search engine, has a mission to provide the best way for people to find information online, including Chinese language web pages, news, images and multimedia files.
In addition to serving individual Internet search users, Baidu also provides a cost effective and performance oriented platform for businesses to reach potential customers online. Its online marketing services include auction-based P4P and tailored solutions.
At the ceremony, Robin Li, Founder, Chairman and CEO of Baidu, Inc. (BIDU) will ring the NASDAQ opening bell remotely from Beijing, China on Thursday, August 5, 2010 from 9:15 a.m. - 9:30 a.m. (EDT) to celebrate Baidu's five year listing anniversary on NASDAQ. Mr. Li will be joined by Sandy Frucher, Vice Chairman, NASDAQ OMX Group and other distinguished guests at Baidu's headquarters in Beijing, China.
The Opening Bell is a ceremonial event that represents NASDAQ's virtual market model. As a result, NASDAQ can be opened from any location bringing together investors and market participants from around the world to mark the opening of the trading day.
China is now the largest overseas market for The NASDAQ Stock Market, with a total of 148 listed companies, more than any other U.S. exchange.
This year there have been nine Chinese IPOs and 12 over-the-counter bulletin board (OTCBB) upgrades and four switches. Of the 148 Chinese companies listed on NASDAQ, 125 are from mainland China and 17 are from Hong Kong, with five from Taiwan and one from Macau.
Thursday, August 5, 2010 at 9:15 a.m. - 9:30 a.m. (EDT)
Live from Beijing, China
The ceremony will also be broadcast live on NASDAQ's seven-story high Tower in Times Square and in the NASDAQ MarketSite studio wall in Times Square. The bell will also be broadcast via satellite to national and international media.
The Opening Bell is available from 9:20 a.m. to 9:35 a.m. on Galaxy 19 C/15, downlink frequency 4000 vertical. The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.
An audio transmission of the Opening Bell is also available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band/transponder 24, downlink frequency 4180 horizontal. The feed can be found on Ascent fiber 1623 as well.
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About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).
CONTACT: The NASDAQ OMX Group, Inc. Media Contact: Jolene Libretto (646) 441-5220 Jolene.Libretto@nasdaqomx.com
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