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Express News | Baidu Inc : Barclays Cuts Target Price to $115 From $125
Baidu (BIDU) Receives a Buy From Barclays
Express News | Baidu Inc : Jefferies Cuts Target Price to $139 From $174
Alibaba will complete its dual primary listing on August 28th.
1. Market News 1. The Hong Kong Monetary Authority and the Dubai Financial Services Authority will co-host a climate conference next month. The Hong Kong Monetary Authority and the Dubai Financial Services Authority (Dubai FSA) announced today that they will jointly hold the first joint Climate Finance Conference in Hong Kong on September 16. The conference will be held online and offline simultaneously. This conference is an important initiative to promote the deepening cooperation in sustainable finance between Hong Kong and Dubai. 2. Macau: Retail trade sales in the first half of the year amounted to 36.85 billion Macau patacas, 96% of the level in the same period of 2019. Data from the Macau Statistics and Census Service show that retail trade sales in the first half of the year amounted to 36.85 billion Macau patacas.
Zhitong Hong Kong stocks early know: Overnight US stocks, three major stock indexes collectively fell, July e-commerce platform home appliances trade-in sales surged.
From January to July, according to the data from the National Bureau of Statistics, the total online retail sales in China reached 8.38 trillion yuan, with a growth rate of 9.5%. Among them, the online retail sales of physical commodities reached 7.01 trillion yuan, with a growth rate of 8.7%, accounting for 25.6% of the total retail sales.
Guanglun Hui Bulletin Selection (Hong Kong stocks) | Baidu Group-SW (09888.HK) second quarter total revenue reached 33.9 billion yuan, non-online marketing revenue increased by 10% year-on-year.
【Today's Focus】Baidu Group-SW (09888.HK) reported total revenue of 33.9 billion yuan in the second quarter, with a 10% year-on-year increase in non-online marketing revenue. Baidu Group-SW (09888.HK) announced its second quarter performance for 2024, with total revenue of 33.9 billion yuan, roughly flat compared to last year; Baidu's core revenue was 26.7 billion yuan, a 1% year-on-year increase; online marketing revenue was 19.2 billion yuan, a 2% year-on-year decrease, and non-online marketing revenue was 7.5 billion yuan, a 10% year-on-year increase, mainly driven by the asia vets cloud business.
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