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Baidu (09888.HK) will report Q2 results Tuesday. A FactSet survey of 11 analysts pegs Q2 net profit at 2.82 bln yuan versus 7.32 bln yuan a year earlier; revenue is seen at 31.34 bln yuan versus 32.71 bln. Fitch says emerging AI search and chatbot co

2026-08-17

Baidu (09888.HK) will report Q2 results Tuesday. A FactSet survey of 11 analysts pegs Q2 net profit at 2.82 bln yuan versus 7.32 bln yuan a year earlier; revenue is seen at 31.34 bln yuan versus 32.71 bln. Fitch says emerging AI search and chatbot competition could pressure search monetization; the profit decline reflects weaker legacy businesses and lower non-marketing margins. Citigroup forecasts core-business revenue down 3.6% YoY, advertising revenue down about 20% YoY, while AI cloud infrastructure revenue is projected to rise roughly 60% YoY.

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2026-08-17

Geely Holding Group will coordinate group brands and external partners to co-invest, co-develop and share production capacity, local supply chains, talent, channels and service networks. Volvo’s European plant will be a key European base for Geely gr

Geely Holding Group will coordinate group brands and external partners to co-invest, co-develop and share production capacity, local supply chains, talent, channels and service networks. Volvo’s European plant will be a key European base for Geely group’s high-end luxury models, slated to start The Proton plant in Malaysia acquired by Geely is being produced in 2028. retooled into a Southeast Asia manufacturing hub with 500,000‑vehicle capacity. The Geely‑Ford JV plant in Spain will also produce Geely models with 500,000‑vehicle capacity, targeting 2028 start-up. Geely Automobile (00175.HK) raised its 2026 export target to 920,000 vehicles from 640,000 and said it will challenge a one‑million sales target.
2026-08-17

Snap (SNAP.N) pre-market decline widened to 15%.

Snap (SNAP.N) pre-market decline widened to 15%.
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