BAIDU'S SHARES RISE 2.1% IN HONG KONG AFTER 1Q EARNINGS

BOEING: CITIGROUP RAISES TARGET PRICE TO $260 FROM $256

China’s cross-border inflows rebounded in April after a brief March outflow, supporting confidence in the economy and a stronger yuan. Official data showed onshore banks received a net $61.9 billion from overseas, marking the sixth inflow month in seven. Goods-trade inflows rose 47% month-on-month to $74.4 billion, while securities investment recorded a $13.6 billion inflow after March’s $53.2 billion outflow, signaling renewed interest in Chinese assets. The yuan has gained 2.8% against the dollar this year, while China’s CSI 300 rose 8% in April, helped by a rebound in tech shares.