In a report published on Friday, T.H. Capital analyst Tian Hou examined October through December 2013 operating data highlights of Baidu (NASDAQ:BIDU) noting strong activities in app store and mobile product adoption but decline in search share. Baidu Inc (ADR) (NASDAQ:BIDU) stock opened at $179.73 in last session, and closed at $175.28, while the day range of BIDU stock is $174.75 – $180.30. The stock showed a positive weekly performance of 4.78%.
Sina Corp. (NASDAQ:SINA), owner of ‘Chinese Twitter’, Weibo, was also witnessing shares increase. Sina was higher above 3% on last check, one of a number of Chinese stocks that are performing well today, indeed helped China’s pledge to invest heavily in 4G networks in the coming year. SINA Corp (NASDAQ:SINA) stock decreased -2.47% and finished the last session at $82.68. The EPS of the stock remained 0.03. Company’s market capitalization is $5.51 billion.
Sohu.com Inc (NASDAQ:SOHU) Chairman and CEO Charles Zhang, though, said he did not expect SNL’s themes–several of which often touched on political issues–would land the Chinese company in trouble with its government. Noting that cultural references differed, Zhang explained: “Things that are controversial in America are probably not controversial in China, and this talk show is in the spirit of fun and humor. I don’t think there will be any problem.” Sohu.com Inc (NASDAQ:SOHU) stock opened the session at $72.67, and closed the session at $71.96. The 52 week range of the stock remained $39.79 -$ 87.29 and the day range was $70.94 – $73.72.