There may be some debate as to whether activist shareholders are good for the long-term health of companies, but there is no debating their results. In 2012, 2013, and 2014, activist investment strategies returned 9.3%, 19.2%, and 8.5% respectively per year. While new activist positions may not be moving the needle quite as much as they once were, the market still values activist involvement in companies. In this article, we reveal one of the latest activist filings, issued by Baidu Inc (ADR) (NASDAQ:BIDU), disclosing the latest information regarding the firm’s position in fellow Chinese company Ctrip Com Intl Ltd (NASDAQ:CTRP). The filing is embedded in its entirety below and on the following pages.
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|Baidu Holdings Limited||12,480,2||0||12,480,2||0||12,480,2||22.2%|
Page 1 of 5 SEC Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CTRIP.COM INTERNATIONAL, LTD.
(Name of Issuer)
Ordinary Shares, par value $0.01 per share
(Title of Class of Securities)
Jennifer Xinzhe Li, Chief Financial Officer
Telephone: +(86 10) 5992-8888
Facsimile: +(86 10) 5992-0000
No. 10 Shangdi 10th Street,
Haidian District, Beijing 100085
The People’s Republic of China
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 13, 2016
(Date of Event which Requires Filing of this Statement)