Baidu Inc (NASDAQ: BIDU) has licensed its algorithm for messenger RNA (mRNA) sequence to Sanofi SA (NASDAQ: SNY) for use in designing vaccine and therapeutic products. The deal marks Baidu's firs

Baidu (NASDAQ:BIDU) PT Lowered to $220.00

08:34am, Monday, 22'nd Nov 2021 Transcript Daily
Baidu (NASDAQ:BIDU) had its price target cut by UBS Group from $240.00 to $220.00 in a research report report published on Thursday morning, The Fly reports. They currently have a buy rating on the information services providers stock. Several other research analysts have also commented on the stock. Zacks Investment Research raised shares of Baidu []
Chinese tech giant Baidu Inc said on Monday it has licensed its algorithm for messenger RNA (mRNA) sequence to Sanofi SA for use in designing vaccine and therapeutic products, entering its first such
Shares of Alibaba Group Holding Limited (NYSE: BABA ), Baidu Inc. (NASDAQ: BIDU ), Li Auto Inc. (NASDAQ: LI ) and Xpeng Inc. (NYSE: XPEV ) fell in Hong Kong on Monday, while JD.Com Inc. (NASDAQ: JD ) and Tencent Holdings Inc . (OTC: TCEHY ) traded higher. Whats Moving : Alibabas shares have lost 0.5% to HKD 138.60 and technology company Baidus shares traded 1.1% lower at HKD 149.60 in Hong Kong, while tech conglomerate Tencents shares are up almost 0.5% to HKD 498.40. See Also: How To Buy Alibaba (BABA) Stock JD.Coms shares have gained 1.7% to HKD 358.20. The South China Morning Post reported that the e-commerce giant is among the four companies that will be added to the benchmark Hang Seng Index from Dec. 6. Electric vehicle maker Xpengs shares have lost 1.4% to HKD 184.60 and Li Autos shares are down Full story available on Benzinga.com
China is bringing the regulatory hammer down yet again on some of the country's largest tech firms.

Swiss Re partners Baidu on autonomous vehicle insurance

12:01am, Monday, 22'nd Nov 2021 Finextra Research
Swiss Re is working with Baidu to develop insurance products for the Chinese technology giant''s autonomous driving business.
Several Chinese companies, including Alibaba, Baidu and JD.com will have $78,000 in fines levied against them stemming from 43 acquisitions that were said to breach the countrys anti-monopoly regulations, according to a Reuters report. The transactions, which were all said to be unreported, date as far back as 2012, according to the report. Tencent and []
Several Chinese companies, including Alibaba, Baidu and JD.com will have $78,000 in fines levied against them stemming from 43 acquisitions that were said to breach the country's anti-monopoly regulat
Enterprises involved in the cases would be fined 500,000 yuan ($78,000) each, it said, the maximum under China''s 2008 Anti-Monopoly Law.
Firing a fresh salvo, Chinese regulators imposed fines on domestic tech stalwarts, which are yet to recover fully from an earlier clampdown that led to billions being wiped off their market capitaliza
Baidu (NASDAQ:BIDU) and Integral Ad Science (NASDAQ:IAS) are both computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations. Insider & Institutional Ownership 45.7% of Baidu shares are held by institutional investors. Comparatively, []

China Fines Alibaba, Tencent in Anti-Monopoly Crackdown

09:17pm, Saturday, 20'th Nov 2021 Sada ElBalad English
Chinas top firms, including Alibaba, Tencent, and Baidu, have been compelled to pay fines for failing to declare corporate acquisitions during the past eight years, according to DW. China penalised tech titans such as Alibaba Group and Tencent Holdings for failing to register 43 acquisitions over the last eight years as part of a bigger []

Alibaba, Tencent fined in China crackdown

12:07pm, Saturday, 20'th Nov 2021 Buziness Bytes
New Delhi, Nov 20 (IANS) Chinas market regulator on Saturday fined tech giants Alibaba, Baidu, Tencent and e-commerce platform JD.com Inc and Suning for violating the countrys anti-monopoly rules in 34 mergers and acquisitions (M&A) deals which they failed to declare illegal implementation of operating concentration, marking the latest move in the nations fight against [] The post Alibaba, Tencent fined in China crackdown appeared first on Buziness Bytes .

NEW: China fines tech giants for failing to report 43 old deals

11:44am, Saturday, 20'th Nov 2021 Sunday Mail Zimbabwe
Chinas market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43 deals that date as far back as 2012 to authorities, saying that they violated anti-monopoly legislation. Enterprises involved in the cases would be fined 500,000 yuan ($78,000) each, it said, the maximum under Chinas 2008 []
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