What's Happening With Baidu's Stock?

05:30am, Friday, 07'th Jan 2022
Baidu's stock (NASDAQ: BIDU) declined by 3.1% in the last ten trading days. In comparison, the broader S&P500 index rose by 0.05% over the same period.

China''s Zero COVID Strategy Weighs On Oil Demand Growth

05:10pm, Thursday, 06'th Jan 2022 Zero Hedge
China''s Zero COVID Strategy Weighs On Oil Demand Growth As the COVID-19 variant, Omicron spreads across the US, Beijing has had a strict zero-tolerance policy to mitigate the spread of the virus by locking down cities and has sparked disruptions to factory production, travel, and consumer spending, according to Bloomberg . In Xi''an, a northwest city larger than New York City, lockdowns have made it impossible to enter or go out of the metro area. According to traffic data from Baidu Inc., congestion in the city plunged 29% on Jan. 4 compared with the same day last year. However, congestion in Shanghai, Beijing''s commercial capital, and Guangzhou was slightly above average. With the transmission of the virus higher in the winter months, Beijing will likely keep lockdowns or at least strict public health measures in place until spring. China''s zero-Covid policy is set to weigh on economic activity and destroy demand growth for crude. "In view of the government''s escalated mobility restrictions, IHS Markit has further lowered its projection for China''s total oil demand in the first quarter of 2022 by 420,000 barrels a day," said Fenglei Shi, associate director of oil markets.

Baidus first electric car with L4 automation to hit the road next year

12:10pm, Thursday, 06'th Jan 2022 South China Morning Post
The Chinese AI giants electric vehicle being developed by its carmaking arm, Jidu Automotive, will have level 4 autonomous driving capability.
2021 has been a painful year for shareholders of Chinese stocks in general. Could they be the proverbial coiled springs ready to be released in 2022? I identified Alibaba Group, NetEase, Tencent Holdi
Shares of Alibaba Group Holding Limited (NYSE: BABA ), Xpeng Inc. (NYSE: XPEV ), Baidu Inc. (NASDAQ: BIDU ) and JD.Com Inc. (NASDAQ: JD ) rose in Hong Kong on Thursday, while Tencent Holdings Inc . (OTC: TCEHY ) and Li Auto Inc. (NASDAQ: LI ) traded lower. Whats Moving : Shares of Alibaba, Xpeng, Baidu and JD.Com traded higher in a range of 1% to 3%. Shares of Tencent, the owner of the WeChat messaging app, fell almost 1% amid concerns about further regulations on the technology industry. The Cyberspace Administration of China (CAC) has issued draft regulations requiring app Full story available on Benzinga.com
U.S. listed Chinese internet giant Baidu Inc (NASDAQ: BIDU) is following in Nio Inc's (NYSE: NIO) footsteps to adopt Nvidia Corp's (NASDAQ: NVDA) self-driving chip capabilities, cnEVpost reported o
Alibaba Group Holdings, Ltd (NYSE:BABA) and Baidu, I
Alibaba Group Holdings, Ltd (NYSE:BABA) and Baidu, Inc (NASDAQ:BIDU) were trading opposite to the general markets on Wednesday, rising over 5% and 1% at one point, respectively, while the SPDR S&P 500
"There are a lot of names that should keep losing now that the Fed is your foe," the "Mad Money" host said.
Is The S&P China ETF A Good Choice For Exposure To Chinese Stocks?
Baidu's core business is set to grow. A sale of the streaming platform iQIYI could drive a revaluation for shares of Baidu.
China's consumer goods stocks are rebounding in a big way.

Why Baidu Shares Are Rising

11:55am, Thursday, 30'th Dec 2021
Shares of several Chinese stocks, including Baidu Inc (NASDAQ:BIDU), are trading higher after the Chinese government vowed to focus on consumption recovery and reduce some income tax rates. Shares of
This stock could be a bargain (or a very bad deal) for investors.

Takeaways From Baidu Create 2021

12:44pm, Tuesday, 28'th Dec 2021
Baidu, with Apollo Go and Jidu Auto, will be a leading player in Intelligent Transportation. Baidu's open-source deep-learning platform PaddlePaddle gathers over 4 million developers, served 157k ente
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