Chinese Stocks Slump as Weak Tech Earnings Hit Sentiment [Yahoo! Finance Canada]
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm
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Source: Yahoo! Finance Canada
(Bloomberg) -- A selloff in Chinese stocks deepened on Friday afternoon, as disappointing tech earnings hit sentiment already weakened by concerns over Donald Trump's imminent return. Most Read from Bloomberg The CSI 300 Index slumped 3.1%, the most since Oct. 11. The Hang Seng China Enterprises Index lost as much as 2.4%, set to cap a second straight week of losses. Tech and electric vehicle-related shares were among the biggest losers. The retreat extends the market's slide since an October peak, underscoring growing frustration over the Beijing's underwhelming fiscal stimulus and jitters over a potential escalation in US-China tensions. The latest earnings from consumption bellwethers PDD Holdings Inc. and Baidu Inc. have done little to inject confidence, with the latter's shares briefly plunging 10% in Hong Kong following a decline in revenue. The investors “found nothing has improved from property and equity to consumption — also no positive surprise from corporate earni
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High impacting Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share news events
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BIDU
News
- Baidu, Inc. (NASDAQ: BIDU) had its price target lowered by analysts at Benchmark Co. from $135.00 to $130.00. They now have a "buy" rating on the stock.MarketBeat
- Baidu, Inc. (NASDAQ: BIDU) was downgraded by analysts at Barclays PLC from an "overweight" rating to an "equal weight" rating.MarketBeat
- Chinese Stocks Slump on Tech Earnings, Geopolitical Tensions [BNN Bloomberg (Canada)]BNN Bloomberg
- Chinese Stocks Slump as Weak Tech Earnings Hit Sentiment [Yahoo! Finance]Yahoo! Finance
- Baidu Inc (BIDU) Q3 2024 Earnings Call Highlights: Navigating Challenges with AI Growth and ... [Yahoo! Finance]Yahoo! Finance
BIDU
Earnings
- 11/21/24 - Beat
BIDU
Sec Filings
- 11/21/24 - Form 6-K
- 10/28/24 - Form 6-K
- 10/8/24 - Form 6-K
- BIDU's page on the SEC website