Last week, China's central bank announced plans to cut banks' reserve requirement ratio (RRR) by 50 basis points or half a percentage point, boosting the stocks of U.S.-listed Chinese companies acros
China's stock market experienced a meteoric rise this week, fully recovering from a previous crash that raised concerns.
Baidu could see a boost if the Chinese economy picks up and helps boost advertising. Meanwhile, Alibaba and JD.com both could benefit from a more robust consumer spending environment.
Baidu Inc. (BIDU) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the
Even though the Chinese stock market has been scrutinized extensively in the past couple of years, some investors have begun to realize that there is much more upside than apparent risk for Asia's pow
This week, the Chinese government unveiled a slew of stimulus measures to boost its economy and get national GDP to an annual growth target of 5%.
Chinese stocks (BABA, BIDU, TCEHY, MPNGY, JD) are building on this week's rally following the announcement of Beijing's economic stimulus plan. Akiko Fujita joins Morning Brief to break down the stimu
China's central bank cut interest rates this week. In addition, China's Politburo outlined fiscal stimulus likely to come in the near future.

Why Chinese Stocks Are Ripping Higher Today

11:42am, Thursday, 26'th Sep 2024
In an unexpected meeting, China's Politburo pledged further support for the country's struggling economy. The Politburo is composed of top Chinese leaders and directs political, social, and economic p
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often
Beijing pledged to shore up China's embattled property sector in a bid to revive the country's stagnant economy on Thursday.
Baidu Inc. (BIDU) reachead $94.01 at the closing of the latest trading day, reflecting a -0.84% change compared to its last close.
BIDU rides on its AI drive, booming cloud business and growing GenAI capabilities amid stiff competition and macro headwinds.
The People's Bank of China lowered the country's seven-day reverse repo rate. It also injected funds into the capital markets and lowered interest rates and down payments for mortgages.

Baidu: Be Greedy When Others Are Fearful

08:30am, Tuesday, 17'th Sep 2024
Baidu's latest quarterly report showed mixed performance, but underlying fundamentals are improving, with significant advancements in AI and autonomous driving technologies. Despite near-term challeng
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