China Last Night KraneShares Key News Asian equities had a rough start to the week following Friday’s US equity selloff except for China, Singapore, and New Zealand, which managed positive returns tod...
Tag: Baidu
Baidu Secures License to Operate China’s First Fully Driverless Robotaxis
Search engine behemoth Baidu has been granted official permission to roll out its driverless commercial robotaxis in Wuhan and Chongqing. Baidu appears set to operate fully driverless commercial robot...
Baidu To Offer Robo Taxis In More Cities, Alibaba Prepares For Southbound Connect Eligibility
China Last Night KraneShares Key News Asian equity markets were largely higher on light summer volumes as Pakistan was closed for Ashura, an important Islamic holiday that occurs on the tenth day of M...
Baidu Begins Paid Robotaxi Service In China With No Employee Aboard
A Baidu Apollo Robotaxi travels with no safety driver in the vehicle in China Baidu BaiduBIDU has announced they have received permits to operate a paid Robotaxi service in China, with no human safety...
China’s Clean Energy Push Grows, Week In Review
China Last Night KraneShares Week in Review Asian equities started the week on a strong note except for Japan, which was off for Marine Day, a national holiday meant to give thanks for the ocean’s bou...
NetEase Surges On Game Approval, Baidu Introduces Fully Autonomous SUV
China Last Night KraneShares Key News Asian equities were mixed overnight on light volumes as the summer lull is in full effect. Hong Kong was largely down, led by Tencent -1.36%, Meituan -2.21%, and ...
Baidu Unveils Custom Robotaxi With Steering Wheel That Will Be Removed
Baidu robotaxi after steering wheel is removed, configured with desk and drink dispenser in front Baidu BaiduBIDU , the Chinese search giant, has revealed a new custom designed robotaxi it states will...
Stocks To Watch: Baidu, UnitedHealth Lead 5 Near Buy Points
Your stocks to watch for the week ahead include China-based online search engine giant Baidu (BIDU), power utility subcontractor Quanta Services (PWR), U.K. pharmaceutical company AstraZeneca (AZN), h...
Hong Kong Stock Exchange Closed On July 1
The Hong Kong Stock Exchange is one of the world’s largest. Photographer: Roy Liu/Bloomberg © 2020 Bloomberg Finance LP The Hong Kong Stock Exchange is closed today, July 1, to mark the former B...
China Tourism, Airline Stocks Climb On Shorter Quarantines For Int’l Arrivals; Trip.com Soars 14%
Shares in Shanghai-headquartered Trip.com rose by 14% in morning trade in the U.S. on hopes shorter … [+] quarantines for international arrivals in China will help business at the country’...
Baidu, MicroStrategy, Moderna and more
Check out the companies making headlines before the bell: Baidu (BIDU) – Baidu shares jumped 4.1% in premarket trading after Reuters reported the China-based internet search giant is in talks to sell ...
China Stocks Drop In U.S. Ahead Of Fed Action On Inflation; Alibaba, BiliBili Plunge 10%
It was a rough day for U.S. investors in China stocks. (Photo by Noam Galai/Getty Images) Getty Images Shares in many of China’s best-known companies plunged on the Nasdaq and New York Stock Exchange ...
Hong Kong Internet Stocks Fly On Significant Volume Increase
China Last Night KraneShares Key News Asian equities were largely higher as Hong Kong outperformed and India underperformed. Today was more important than what initially meets the eye as Hong Kong vol...
PMIs Beat, Technology Leads Gains
China Last Night KraneShares Key News Asian equities were mostly higher overnight as Hong Kong and Mainland China led gains in the region following the Memorial Day holiday in the US. It was a good da...
Pinduoduo Beats Estimates, Hong Kong Cheers Internet Earnings, Week In Review
China Last Night KraneShares Week in Review Asian equities had a relatively upbeat week overall as President Biden visited the region and China internet earnings season kicked off with a few surprises...
Alibaba & Baidu Beat!
China Last Night KraneShares Key News Asian equities were mixed overnight as Indonesia, like many European markets, was closed for Ascension Day. The State Council held a conference call with a rumore...
Hong Kong Cheers NetEase & Kuaishou Results
China Last Night KraneShares Key News Asian equities were largely higher as China outperformed while Japan, India, and Indonesia were off slightly. US-listed China internet stocks fell yesterday despi...
Michigan Plans Special Robocar/ADAS Smart Highway On I-94; A Dumb Highway Is Better
Cavnue depicts a dedicated lane where vehicles are communicating directly with other vehicles and … [+] infrastructure. Cavnue A recent announcement from the state of Michigan and the Cavnue con...
Mainland Markets Shrug Off Headlines
China Last Night KraneShares Key News Asian equities were mixed overnight as President Biden visited the region. On the positive side, US tariffs on Chinese consumer goods might be cut. Also, Australi...
J.P. Morgan Says Buy Tencent and Alibaba. Why They’re Now Positive on Chinese Tech Stocks.
Text size Regulatory change had come sooner than the analysts had anticipated. Greg Baker/AFP via Getty Images Tencent Holdings and Alibaba Group saw their stock jump Tuesday after catching an upgrade...
Internet Stocks Rally, China’s Weight To Increase In MSCI EM, Week In Review
China Last Night KraneShares Week in Review Asian equities saw another week of turbulent trading as the market continues to price in risks though Mainland China held up better than most markets in Asi...
Internet Stocks Clipped In Hong Kong, Mainland Markets To Reopen Tomorrow
China Last Night KraneShares Key News Asian equities were mixed but mostly lower overnight as Hong Kong was a significant laggard and Mainland China was closed. Growth and internet stocks were clipped...
Internet Regulation Cycle Eases As Domestic Consumption Becomes Job #1, Week In Review
China Last Night KraneShares Week in Review Asian equities registered another choppy week of trading, mirroring US and developed markets. Markets were deepest in the red on Monday as investors feared ...
Alibaba, Baidu Estimates Slashed on Covid Lockdowns
(Bloomberg) — China’s technology giants have had their earnings estimates slashed for a second straight month amid the nation’s relentless pursuit of its Covid-Zero strategy. Most Read from Bloo...
Baidu Gets Green Light For Autonomous Beijing Taxis, Premier Li Highlights Internet Companies
China Last Night KraneShares Key News Asian equities had a strong night as all markets gained, led by Japan as the Yen hit a low versus the US dollar not seen since 2002. Hong Kong had a strong day le...
China’s Beijing city loosens robotaxi rules for Baidu Apollo Go, Pony.ai
Chinese tech companies Baidu’s Apollo Go and Pony.ai announced Thursday they received permission from Beijing city authorities to remove the safety driver for part of their robotaxi business in ...
Hong Kong Stock Exchange Closes For Good Friday, Easter Holidays
A man walks past a bank’s electronic board showing the Hong Kong share index at Hong Kong Stock … [+] Exchange Thursday, April 7, 2022. (AP Photo/Vincent Yu) ASSOCIATED PRESS The Hong Kong...