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Stock Market & Financial Investment News

News Breaks
December 2, 2012
21:03 EDTSINA, BIDU Despite Chinese Internet stocks' upside, caution is advised, Barron's warns
Internet companies like Baidu (BIDU) and Sina (SINA) have been popular ways to invest in China; however, problems with the Chinese economy, lower Q4 outlooks, more competition, and uncertainty regarding profitability with mobile platforms could make these stocks risky investments, argues Barron's. Reference Link
News For BIDU;SINA From The Last 14 Days
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February 5, 2016
06:33 EDTBIDUChinese public growing unhappy with Baidu, WSJ says
The people of China are becoming unhappy with Baidu, and the internet search giant needs to exercise a balance to maintain profit and public interest, Wall Street Journal columnist Li Yuan says. Yuan brings up the example of Pan Longfei, a man with a rare heart and kidney disease who was led astray to a private hospital featured on a sponsored link on Baidu, when a public hospital in Guangzhou was able to properly diagnose and treat his condition better. Baidu is the largest search engine in China with approximately 80% of the market, the report says. Pan joined a revolt against Bauidu after seeing a post claiming that Baidu populated the web with information from shoddy businesses, including a hospital which reportedly didn't have a medical license, the report says. Reference Link

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