Bernstein says Baidu (BIDU) announced the issuance of $2B in exchangeable bonds to facilitate the disposal of a large portion of its current stake in Trip.com (TCOM). At this price, Baidu is ...

In a report released yesterday, Boris Van from Bernstein maintained a Hold rating on Baidu (BIDU – Research Report), with a price target of $108.00. The company’s shares closed yesterday at ...

CHINESE technology firm Baidu raised US$2 billion in a sale of bonds exchangeable into the Hong Kong shares of online travel agency Trip.com Group, matching the biggest ever US dollar offering in the ...