E Fund Management Hong Kong Co. Ltd. trimmed its position in shares of Baidu, Inc. (NASDAQ:BIDU) by 23.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,232 shares of the information services provider’s stock after selling 21,388 shares during the quarter. Baidu accounts for 8.8% of E Fund Management Hong Kong Co. Ltd.’s portfolio, making the stock its 4th largest position. E Fund Management Hong Kong Co. Ltd.’s holdings in Baidu were worth $14,116,000 at the end of the most recent reporting period....