Absrtact: The Chinese concept stocks rose in early Wednesday, Beijing time of September 11 Evening News, following the recent successive climb, the Wednesday U.S. stock market opened up mixed. The fall in Apple's share price has put pressure on tech stocks. Chinese concept stocks rose in early Wednesday, Baidu Rose
Chinese concept stocks rose in early Wednesday
The Wednesday Evening News of Beijing time, following the recent successive climb, the U.S. stock market opened mixed. The fall in Apple's share price has put pressure on tech stocks. China concept stocks rose in early Wednesday, Baidu Rose 2.87%, the plate up to 145.6 U.S. dollars, up 3.56%.
US-East Time September 11 09:32 (Beijing time September 11 21:32), the Dow Jones industrial average rose 20.83 points, reported 15,211.89, or 0.14%; the Nasdaq composite index fell 14.11 points, or 3,714.91 The standard and poor 500 index fell 1.78 points, at 1, 677.6, or 0.11%.
Citi today issued a report to maintain the Baidu buy rating, maintaining a target price of 167 U.S. dollars unchanged. Citi said in its report that Baidu's mobile search rate (click-through-rate) was higher than initially expected. Citi believes that mobile search will have less keyword coverage than PC search. However, it is now found that the number of search results displayed on the screen is limited because of the small size of the mobile device screen, which will increase the user's point-rate and thus compensate for the lower keyword coverage.
Chinese concept stocks in early Wednesday, Baidu Rose 2.87%, the plate up to 145.6 U.S. dollars, up to 3.56%, China, as the media Rose 4.59%, everyone company Rose 3.74%, Mai Lin Rose 3.64%, gathered times fell 5.29%.