New Stock Preview | After three years of unsuccessful attempts to enter A-shares, will Zhuoyue Ruixin, backed by Sina and Baidu, fulfill its capital dream by moving south?

After three years of failure to enter the A-share market, Zhuoyue Ruixin, supported by Sina and Baidu, is continuing to shift its focus to the Hong Kong stock market...

Zhitong Finance22:47 ET

Returns Are Gaining Momentum At Baidu (NASDAQ:BIDU)

Yahoo FinanceDec 14 07:41 ET

Extreme management insider reveals: spent 0.5 million yuan to host a hot pot gathering, and a single live broadcast earned seven to eight million.

Sina Technology News, on the afternoon of December 14, reported that after Geely and Baidu issued a joint statement about Geely Autos yesterday, stating that they would actively assist the management of Jidu in handling related matters. Today, a mid-level employee from Jidu exposed more issues regarding the daily management of CEO Xia Yiping during an interview with a media outlet. According to the employee, Xia Yiping held many hot pot gatherings, inviting car owners to hot pot, with each event costing over 0.5 million yuan. "As a Venture, expenditures should be strictly controlled, but the reality is a loss of compliance and internal audit supervision in supplier procurement." It has been revealed that Xia Yiping acts on his own.

Sina TechnologyDec 14 03:03 ET

Market Chatter: Baidu, Geely to Help Resolve Problems at Joint Venture

MT NewswiresDec 13 08:49 ET

Market Chatter: EV Maker Jiyue to Downscale Operations

MT NewswiresDec 13 05:05 ET

Geely and Baidu issued a joint statement regarding Jiyue Autos: they will address the issues of employee social security contributions and compensation for departing employees as soon as possible.

Jingwu Finance | On December 13, Geely and Baidu issued a joint statement regarding Ji Yue Autos, and as Shareholders, will actively assist the management of Jidu in properly handling related matters: promptly resolving employee social security contributions, and compensation issues for departing employees; maintaining users' normal vehicle use, after-sales service, and maintenance; promoting reasonable and legal resolutions for Other matters. Geely and Baidu completed the transfer process internally on the evening of December 12, paying social security for Ji Yue employees for November. Jidu Automotive Co., Ltd. is a startup company established by Geely Holding and Baidu Holding, exploring innovative products for the intelligent transformation of Autos. Ji Yue Autos production.

Jinwu Financial NewsDec 13 05:03 ET