28.10.2015 10:19:00

Baidu Inc. -- Moody's: Equity swap involving Ctrip and Qunar credit positive for Baidu

Hong Kong, October 28, 2015 -- Moody's Investors Service says that Ctrip.com International, Limited's (unrated) announced completion of a share exchange with Baidu Inc. (A3 positive) is credit positive for Baidu, but will not immediately affect Baidu's A3 issuer and senior unsecured ratings, or the positive outlook on the ratings.

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