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The Latest Breaking News from Baidu

Here's How 2022 Chinese Election Could Act As Tailwind For Alibaba And Others

Chinese President Xi Jinping reached out to the domestic private sector amid the growing economic challenges, the CityToday reports. Jinping highlighted the importance of private capital to economic development while emphasizing their adherence to the regulatory norms at a recent Politburo meet. The private sector generated over 50% of China's tax…

Benzinga

Why Baidu Shares Are On The Move Today

Baidu Inc (NASDAQ: BIDU) shares are trading higher Friday after a Chinese state media report indicated the Chinese government may end its regulatory crackdown on big tech firms.

Benzinga

Analyst Slash Earnings Estimates For Alibaba, Baidu, Others Again Amid Surging Covid Environment

Analysts slashed the earnings estimates for the Chinese technology giants for a second straight month amid the nation’s persistent goal of its Covid-Zero strategy, Bloomberg reports. Analysts trimmed Alibaba Group Holding Limited (NYSE:BABA) estimates by 4.2% and Baidu, Inc (NASDAQ:BIDU) by 8.1%. U.S.-listed shares of Baidu have lost 10% in April, while those of Alibaba…

Benzinga

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Baidu Aims To Expand Robotaxi Service By 2025; Looks To Become Profitable In 3 Years

Search giant Baidu, Inc (NASDAQ:BIDU) plans to deploy cars without humans behind the wheel on Chinese roads for the first time, Bloomberg reports. Baidu looks to expand Apollo Go into 65 cities across China by 2025 and 100 cities by 2030. The ride-hailing platform currently has about 300 cars nationwide, with each vehicle…

Benzinga

China grants first driverless taxi permits to Baidu, Pony.ai

Chinese internet services company Baidu has received a permit to provide driverless ride-hailing services to the public in Beijing, one of just two companies to receive such approvals

The Independent UK

Alibaba Slips, JD Bucks Tech Slide: What's Dragging Hong Kong Stocks Today

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: JD), an

Benzinga

Why Alibaba, Other Tech Peers Are Sliding For A Third Straight Day In Hong Kong

Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: JD), and

Benzinga

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Here's How Much You Would Have Made Owning Baidu Stock In The Last 15 Years

Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years by 15.57% on an annualized basis producing an average annual return of 23.12%. Currently, Baidu has a market capitalization of $42.80 billion.

Benzinga

Alibaba, JD Stocks Suffer Heightened US Exodus Over Regulatory Clash

Chinese e-commerce giants have seen more of their shares shift to the Hong Kong market as Beijing failed to impress U.S. regulators, Bloomberg reports. Bloomberg saw ~77% of JD.com Inc's (NASDAQ:JD) shares circulating in Hong Kong's clearing and settling system as of April 19, versus 44% at the 2022 beginning. The shift highlighted…

Benzinga

Why Alibaba Is Sliding, While Other Tech Stocks Are Rising In Hong Kong Today

Shares of U.S.-listed Chinese tech firms JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ:

Benzinga

SEC Adds Another Chinese Tech Firm To Its Provisional List After Baidu, iQIYI

Daqo New Energy Corp (NYSE:DQ) acknowledged getting identified by the U.S. SEC under the Holding Foreign Companies Accountable Act on April 12. Daqo is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Such consecutive identification for three years could lead to a company's delisting from the NYSE. Also Read: Baidu,…

Benzinga

Alibaba Slips, Tencent, Baidu Extend Gains: What's Weighing On Hong Kong Tech Stocks Today?

Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc.

Benzinga

Alibaba Slumps While JD, Tencent Strike Gains In Hong Kong

Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC:

Benzinga

Here's Why Alibaba, Tencent Are Slumping For A Third Straight Day In Hong Kong Today

Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc.

Benzinga

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Reuters

China uses AI software to improve its surveillance capabilities

Dozens of Chinese firms have built software that uses artificial intelligence to sort data collected on residents, amid high demand from authorities seeking to upgrade their surveillance tools, a Reuters review of government documents shows.

Benzinga

Why Alibaba, Baidu And Nio Shares Are Trading Lower

Shares of several Chinese stocks including Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU) and Nio Inc (NYSE: NI

Benzinga

Why Alibaba, Nio And Other Stocks Are Not Trading In Hong Kong Today

Shares of Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTCMKTS: TCEHY), Baidu Inc. (NASDAQ:

Benzinga

Here's Why Baidu, JD.Com And ContextLogic Shares Are Rising

Shares of several Chinese stocks, including Baidu Inc (NASDAQ: BIDU), JD.Com Inc (NASDAQ: JD) and ContextLogic Inc (NASDAQ:

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Investors Business Daily

The Gift Chinese Regulators Just Gave Tech Stocks Like Alibaba And BeiGene

A handful of tech stocks popped Monday after Chinese regulators axed an auditing hurdle for China-based companies trading in the U.S.

Benzinga

$100 Invested In Baidu 15 Years Ago Would Be Worth This Much

Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years by 17.49% on an annualized basis producing an average annual return of 25.39%. Currently, Baidu has a market capitalization of $48.78 billion.

Investors Business Daily

Warren Buffett-Backed BYD Makes Bold Move After EV Sales More Than Quadruple; Nio Soars

BYD quadrupled, Xpeng tripled and Li Auto doubled China EV sales in March. BYD stock, Nio, Xpeng, Li Auto jumped as delisting fears eased.

Benzinga

Check Out What Whales Are Doing With BIDU

A whale with a lot of money to spend has taken a noticeably bearish stance on Baidu. Looking at options history for Baidu (NASDAQ:BIDU) we detected 17 strange trades.

Benzinga

Baidu, iQIYI Explore Options After US SEC Added Them To Provisional List Pending Audit Review

Baidu Inc (NASDAQ:BIDU) explored options after the U.S. SEC added the Chinese search engine giant to a list of companies that faced delisting concerns, Reuters reports. Beijing refused to permit U.S. officials to review their auditors' work, Bloomberg reports. A 2020 U.S. law mandated a three-year clock for firms to comply with inspection…

Investors Business Daily

Chinese Stocks Continue To Roil As Uncertainties Loom

Chinese stocks were hit again Friday as uncertainty over regulations, audits, stock-market delisting and Covid fears loom.

Benzinga

Baidu Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on Baidu (NASDAQ:BIDU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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