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Citi Maintains Baidu(BIDU.US) With Buy Rating, Cuts Target Price to $139
What happened? China's Assets, US Tech stocks, and others are all surging online! How will the Trump 2.0 era be interpreted in the US stock market?
China's Assets great counteroffensive.
U.S. stock market morning | Technology stocks support a rise in U.S. stocks! Intel is up over 7%, Tesla is up nearly 4%; Chinese concept stocks and Cryptos concept stocks are strongly rising, JD.com is up over 8%, and MSTR is up over 6%.
U.S. stocks continued to rise in early trading on Friday, with major indices expected to record their first weekly gain since 2025. Trump's inauguration next Monday may signal that the market is entering a more turbulent period.
**** had a phone call with the elected president of the USA, Trump.
**** congratulated Trump on being re-elected as President of the USA, pointing out that both sides highly value each other's interactions and hope that the China-US relationship has a good start in the new term of the USA President, wishing to promote greater progress in the China-US relationship from this new starting point.
6-K: Report of foreign private issuer (related to financial reporting)
On February 17, Baidu Group-SW (09888.HK) held a Board of Directors meeting to approve the financial performance announcement for the fourth quarter of 2024 and the 2024 fiscal year.
On January 17, Glorify reported that Baidu Group-SW (09888.HK) announced that the group's Board of Directors will hold a meeting on February 17, 2025 (Monday) to approve the group's unaudited performance for the three months and fiscal year ending December 31, 2024, as well as the announcement ('2024 Fourth Quarter and 2024 Fiscal Year Financial Performance Announcement'). The group will upload the 2024 Fourth Quarter and 2024 Fiscal Year Financial Performance Announcement to the stock exchange after trading hours on February 18, 2025 (Tuesday) (Peking/Hong Kong time) and before the opening of the USA market.