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BIDU - Baidu's AI Edge; Chinese Internet Stocks Shine In Comparison
Baidu Inc.
By ALT Perspective
In the holiday-shortened trading week, shares of the prominent few Chinese internet stocks (FXI)(CQQQ) generally moved in a narrow range. In particular, the sector representative ETF, the KraneShares CSI China Internet ETF (KWEB) was up only 0.45 percent for the week. As explained in a past issue of the Chinese Internet Weekly, I found the ETF holding the most relevant stocks in the sector. Hence, allow me to provide an overview of the week's share price movements of the top few holdings of KWEB as