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Is Bilibili or Baidu the better Chinese internet stock to buy?

November 18, 2021
Source: invezz.com invezz.com
News Snapshot:
Is Bilibili or Baidu the better Chinese internet stock to buy? - Chinese internet stocks Bilibili and Baidu plunged significantly on Wednesday. - Both stocks announced their most recent quarterly results before the US markets opened. - Bilibili beat expectations on both revenue and earnings while Baidu matched revenue and beat on EPS. On Wednesday, Bilibili Inc. ( HKG:09626 ) shares plummeted more than 9% after announcing its most recent quarterly results. On the other hand, its Chinese internet counterpart Baidu Inc. ( HKG:09888 ) fell by more than 6% after releasing its FQ3 results. Both companies beat analyst expectations...
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Tags: Baidu | Bilibili | Chinese | crackdown | fee | GAAP | government | HERE | Internet | IT | LINE | news | revenue | Rising | search engine | share | shares | stock | stocks | technology

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