Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

What We Learned from China's Tech Earnings, From Alibaba to Tencent [BNN Bloomberg (Canada)]

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU) 
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.baidu.com
Company Research Source: BNN Bloomberg
The nation's three internet leaders — Baidu Inc., Alibaba Group Holding Ltd. and Tencent Holdings Ltd. — all reported revenue that came in ahead of analysts' consensus for the final quarter of 2022, aided by a recovery in advertising. Alibaba co-founder Jack Ma's return to China — after more than a year abroad upon irking Beijing — was perceived by some as another indication of the regulatory setting shifting for the better. Members of the Hang Seng Tech Index have gained 4% on average since their earnings reports through Monday, led by a 28% surge in Lenovo Group Ltd., data compiled by Bloomberg show. This season took on greater significance as investors sought clarity on how tech firms are emerging from years of Covid restrictions and regulatory headwinds. The overall take is one of cautious optimism. While the sector is no longer growing at a dizzying pace, improving consumption and Beijing's wind down of crackdowns build the case for a valuation re-rating. “The earning anno Show less Read more
Impact Snapshot
Event Time:
BIDU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BIDU alerts
Opt-in for
BIDU alerts

from News Quantified
Opt-in for
BIDU alerts

from News Quantified