Capital Flows Favor Baidu Now
The fundamental reason institutions and investors would have interest in BIDU is
its discounted valuation and its substantial growth prospects. Some see serious
threat from rival Qihoo 360 Technology (QIHU), which launched its own browser and search engine
last summer, and also from the drive of other companies for the Chinese mobile
market. However, Baidu's massive market share in the Chinese Internet search
market (78.6% of search in China, according to Analysis International, a Beijing
based research firm), demands respect... more
JPMorgan’s analysts say that analysts should start revising earnings forests higher during the next few months, as well.... more