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Stock Market & Financial Investment News

News Breaks
January 15, 2014
07:49 EDTBIDU, BIDUBaidu is an internet top pick for 2014 at CLSA
CLSA said Baidu is one of the cheapest Chinese internet stocks and should start benefiting from heavy mobile investments. The analyst said Baidu is the default search Chinese search engine and is able to capture search queries of native apps, mobile webs, or local businesses. The firm said competitive threats are small and that the company should be able to sustain 35%-40% revenue growth. Shares are Outperform rated.
News For BIDU From The Last 14 Days
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June 30, 2015
06:55 EDTBIDUBaidu to invest roughly $3.2B in offline-to-online unit, TechCrunch reports
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June 22, 2015
06:09 EDTBIDUHK opens door to Alibaba and others to to return 'home', Financial Times says
Hong Kong's stock exchange has opened the door to Alibaba (BABA) listing on its home market, reports the Financial Times. The xchange said it would re-examine its current bar on China-based companies having a secondary listing of their shares in the city. The move could permit groups like Alibaba, Baidu (BIDU), and JD.com (JD) to return "home" via secondary listings." Reference Link

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