Previous close | 3.9000 |
Open | 3.9000 |
Bid | 3.0500 |
Ask | 3.1000 |
Strike | 1.50 |
Expiry date | 2023-12-15 |
Day's range | 3.9000 - 3.9000 |
Contract range | N/A |
Volume | |
Open interest | 15 |
Baidu (NASDAQ: BIDU) posted its third-quarter earnings report on Nov. 21. Its adjusted net income grew 23% to 7.27 billion yuan ($996 million), which also exceeded analysts' expectations by 990 million yuan, while its adjusted earnings per ADS rose 21% to $2.80. Baidu's headline numbers seemed healthy, but does its stock still have room to run after rallying about 20% over the past 12 months?
On November 27, iQIYI, an innovative market-leading online entertainment service in China, announced the partnerships with GSC Movies in Malaysia and Clover Films in Singapore. These collaborations aim to expand iQIYI's selection of premium Chinese films available to global viewers and leverage the extensive film distribution networks and rich experience of GSC Movies and Clover Films.
Key Insights iQIYI's estimated fair value is US$7.78 based on 2 Stage Free Cash Flow to Equity iQIYI's US$4.75 share...