Outstanding value of bets passes US$420 billion amid seven-day record run, as investors drive indices to new highs. ( read original story ...)
Baidu Q1 Earnings Preview: Kunlunxin IPO Makes BIDU’s Valuation Math Irrational
Baidu stock remains a "Buy" ahead of Q1 earnings on May 18. Learn more about the company and its potential upside. ( read original story ...)
Beijing-Shanghai High Speed Railway’s Stock Jumps After Firm Raises Published Fares by 20%
Beijing-Shanghai High Speed Railway's net profit rose 6 percent to CNY3.1 billion (USD456 million) in the first quarter from a year ago, while its revenue rose 3.3 percent to CNY10.6 billion (USD1.6 ... ( read original story ...)
Chinese Tech Firms Shanghai Top Numerical Control, UISEE Eye Hong Kong IPOs
Shanghai Top Numerical Control Technology wants to raise 1.72 billion Hong Kong dollars, equivalent to $219.7 million, in its public offering by selling 65.3 million shares at HK$26.39 each, according ... ( read original story ...)
Shanghai Composite breaks 4,200 points as AI supercycle lifts Asian markets
Chinese stock markets spearheaded a synchronized Asian rally on Monday morning, with the Shanghai Composite Index breaking above 4,200 points to hit its highest level in over a decade, while South ... ( read original story ...)
Baidu Chip Unit Targets $14.7 Billion Valuation In IPO Push
Baidu (NASDAQ:BIDU) is moving to sharpen the investor story around Kunlunxin, its chipmaking unit, as the company pursues an IPO on Shanghai's STAR Board while also keeping a separate Hong Kong ... ( read original story ...)
Baidu’s Kunlunxin files for dual Hong Kong and Shanghai STAR Market listing
Morgan Stanley expects Kunlunxin to remain a consolidated subsidiary of Baidu when it lists in Hong Kong. The firm noted the possibility of future strategic investors, particularly from the supply ... ( read original story ...)