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Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.

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Chamath Palihapitiya predice que Tesla y Waymo dominarán los robotaxis, dejando atrás a Uber y Lyft por la demanda de privacidad y autonomía.

Chamath Palihapitiya afirma que Tesla y Waymo liderarán el mercado de robotaxis

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A Harvard scholar has suggested that the United States and China are on the verge of finalizing a trade deal, with the potential for an&nbsp;agreement as soon as next&nbsp;week.
What Happened:  Graham Allison, the founding dean of Harvard University&#8216;s John F. Kennedy School of Government and a former U.S. official, hinted at the possibility of a trade deal between the U.S. and China. He made these remarks at a World Economic Forum (WEF) meeting in Tianjin on Thursday, <a href="https://www.scmp.com/news/china/diplomacy/article/3315914/us-china-trade-deal-near-harvard-scholar-hints-progress-very-intense-talks?module=top_story&amp;pgtype=homepage">reported</a> the South China Morning Post.
Allison stated, &nbsp;&#8220;I&nbsp;would be surprised if in&nbsp;the next week or so&nbsp;we do not see an&nbsp;MOU (memorandum of understanding) coming&nbsp;out of the discussions that&nbsp;have been going on between&nbsp;Bessent and He and their&nbsp;teams in the intermediate period,&#8221; referring to U.S. Treasury Secretary&nbsp;Scott Bessent&nbsp;and China's Vice-Premier&nbsp;He Lifeng, who are leading the trade talks.
Allison shared his perspective on the trade talks following a recent meeting with China's top diplomat, Wang Yi, who voiced optimism about achieving peaceful coexistence between the two countries.
"These are business problems that serious businesspeople know how to solve. And I'm thinking they are going to stabilize this, I believe. But we'll see,"&nbsp;stated Allison
SEE ALSO:&nbsp;<a href="https://benzinga.com/markets/equities/25/06/46107333/nvidia-micron-technology-super-micro-computer-bp-and-tesla-why-these-5-stocks-are-on-investors-r" target="_blank" rel="noreferrer noopener">Nvidia, Micron Technology, Super Micro Computer, BP And Tesla: Why These 5 Stocks Are On Investors&#8217; Radars Today</a>
Why It Matters: The ongoing trade war between the US and China has had significant impacts on both economies. U.S.-listed Chinese stocks such as&nbsp;Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>),&nbsp;Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), and&nbsp;JD.Com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>)&nbsp;rallied after experiencing a downturn earlier this month following President Donald Trump&#8217;s confirmation of a framework finalization for China trade deal.
Furthermore, the tariffs imposed by the Trump administration have led to a <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46111863/toy-prices-see-unprecedented-surge-as-trump-tariffs-take-a-toll-theres-just-no-escaping-china">surge in toy prices</a> in the U.S. The price of games and playground equipment saw a record 2.2% increase between April and May 2025, a rate significantly higher than the overall inflation rate, as close to 75% sellers in the U.S. import toys from China 
The potential trade agreement could alleviate these economic pressures, marking a significant step towards economic stability for both nations.
<ul class="wp-block-list">
<li>READ MORE: <a href="https://benzinga.com/markets/tech/25/06/46087590/trumps-made-in-america-phone-plan-is-backed-by-a-little-known-network-based-in-his-miami-condo-whose" target="_blank" rel="noreferrer noopener">Trump&#8217;s &#8216;Made in America&#8217; Phone Plan Is Backed By A Little-Known Network Based In His Miami Condo, Whose Website Still Says &#8216;What Is Lorem Ipsum?&#8217;</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

US-China Trade Deal Could Be Finalized Next Week, Says Harvard Scholar: 'They Are Going To Stabilize This'

Long-time Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull and managing partner at the Future Fund LLC, Gary Black, is sounding the alarm on what he sees as an overlooked blind spot in Tesla's robotaxi narrative: a growing list of competitors.
What Happened: On Sunday, in a post on X, Black pushed back against a commonly held notion regarding Tesla&#8217;s much-touted robotaxi launch. Black does not believe that the EV giant is guaranteed a dominant position in the autonomous ride-hailing market.
While he acknowledged that Tesla's self-driving tech will &#8220;of course&#8221; work, citing CEO Elon Musk's confidence in the Austin robotaxi rollout, Black emphasized that the real debate isn't about capability. It's about valuation.
Black is referring to the company&#8217;s $1 trillion market cap, which rides on Tesla&#8217;s dominance in the ridesharing market, with its robotaxis leading the charge.
See Also: <a href="https://www.benzinga.com/personal-finance/management/25/06/46044324/billionaire-charlie-munger-said-watching-your-kids-die-was-once-the-agony-of-poverty-now-the-poors-biggest-problem-is-theyre-too-fat">Billionaire Charlie Munger Said Watching Your Kids Die Was Once the &#8216;Agony of Poverty&#8217; — Now the Poor&#8217;s Biggest Problem Is &#8216;They&#8217;re Too Fat&#8217;</a>
He, however, believes that these valuations warrant a discount, now that there are several well-funded competitors in the fray, citing the example of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), and even Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), among others.
&#8220;The question, which bulls painfully avoid, is when others master general unsupervised autonomy, what valuation will be attached to TSLA autonomy when it has to split the autonomous ride-hailing market with others?&#8221; he asks.
Black&#8217;s comments directly challenge Musk&#8217;s assertion of dominating this space with a &#8220;99% market share or something ridiculous,&#8221; which the former now questions with a simple &#8220;Really?&#8221;
He then drew parallels between the current bullish sentiment to that of 2021, when the company&#8217;s supporters predicted 20 million EVs produced annually by 2030, leading the stock to hit an all-time high, before falling 73% by early 2023. 
Black believes something similar is afoot right now, as he concludes by saying that &#8220;history doesn't repeat but it often rhymes.&#8221;
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> debate is not about Tesla robotaxi vs Waymo or Zoox, or whether TSLA robotaxi will work at 99.99% efficacy. Of course it will work or Elon wouldn't be moving forward with the Austin robotaxi launch today. The question &#8211; which bulls painfully avoid &#8211; is when others…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1936837884516155624?ref_src=twsrc%5Etfw">June 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Tesla does, however, hold significant <a href="https://www.benzinga.com/markets/tech/25/06/45966726/tesla-vehicle-production-cost-1-7-that-of-waymo-elon-musks-ev-giant-closer-to-full-autonomy-than-competition-report">advantages over competitors</a> in the autonomous ride-hailing segment, with recent reports by analysts stating that the company can produce its cars at one-seventh the cost of a Waymo, along with access to over 3 billion miles of data. 
Last week, Black himself <a href="https://www.benzinga.com/markets/equities/25/06/45993450/gary-black-calls-out-tesla-bears-for-slapping-auto-industry-valuation-technique-on-elon-musks-ev-business-stark-differences-in-growth-prospects">warned Tesla bears</a> and short-sellers against &#8220;slapping&#8221; traditional auto industry valuations on Tesla&#8217;s business.
&#8220;The biggest mistake $TSLA bears make is slapping an auto industry P/E on TSLA&#8217;s EV business,&#8221; said Black, noting that EVs, unlike internal combustion engine (ICE) vehicles, are growing at 25% to 30% each year, while the latter remains &#8220;in a state of permanent decline.&#8221;
Price Action: Tesla shares were up 0.03% on Friday, trading at $322.16, and were up 0.17% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="146" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM-1024x146.png" alt="" class="wp-image-957410" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM-1024x146.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM.png 1524w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Tesla&#8217;s shares score well across the board in Benzinga&#8217;s Edge Stock Rankings, with a favorable price trend in the short, medium, and long terms. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock. 
Read More: 
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Photo courtesy: Tada Images / Shutterstock.com

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AMZN

Gary Black Says Tesla's Robotaxi Valuation Ignores Alphabet, Amazon, Nvidia Threat

South Korea is preparing to confront U.S. officials over potential restrictions on chipmakers operating in China.
What Happened: Ahead of the third round of tariff talks in Washington this week, South Korean Trade Minister Yeo Han-koo said he will raise industry concerns over possible U.S. curbs that could hurt Korean semiconductor firms in China, reported Reuters.
&#8220;I will pass on the concerns among those in the industry and take utmost care,&#8221; Yeo told reporters before departing for Washington on Sunday.
The talks were originally expected to conclude with a trade agreement by July 8, but Yeo indicated that the deadline may slip due to political and economic uncertainties in the U.S., the report added.
See Also: &nbsp;<a href="https://benzinga.com/markets/macro-economic-events/25/06/45988656/elon-musk-warns-us-faces-de-facto-bankruptcy-if-37-trillion-debt-not-tackled-peter-" target="_blank" rel="noreferrer noopener">Elon Musk Warns US Faces ‘De Facto&#8217; Bankruptcy If $37 Trillion Debt Not Tackled, Peter Schiff Says, ‘We Are Already Bankrupt&#8217;</a>
Why It&#8217;s Important: Seoul is currently subject to a 10% blanket tariff, with an additional 25% country-specific duty temporarily suspended for 90 days.
Yeo, who was appointed this month by newly elected President Lee Jae Myung, also plans to meet officials at the White House and U.S. Congress to discuss multiple trade issues, including a U.S. request for South Korea to relax its restrictions on American beef imports.
South Korean chipmakers, including Samsung Electronics Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) and SK Hynix, rely <a href="https://www.benzinga.com/markets/tech/25/06/46028133/sk-hynix-gen-memory-big-techs-ai-push-prioritizes-nvidia">heavily on Chinese operations</a> and new U.S. policies could upend their supply chains.
Earlier this month, it was reported SK Hynix has <a href="https://www.benzinga.com/markets/tech/25/06/46028133/sk-hynix-gen-memory-big-techs-ai-push-prioritizes-nvidia">secured custom high-bandwidth</a> memory (HBM) orders from Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).
Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) will produce the logic dies for SK Hynix's custom HBM chips. The first offering, the seventh-generation HBM4E, is expected to launch in the second half of 2026.
Last year, it was reported that Chinese tech firms, including Huawei Technologies Co and Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), were <a href="https://www.benzinga.com/government/24/08/40198085/huawei-and-baidu-increase-samsung-hbm-purchases-as-us-curbs-loom">stockpiling HBM semiconductors</a> from Samsung ahead of potential U.S. export restrictions.
Benzinga's Edge Stock Rankings show that Nvidia is demonstrating steady upward momentum across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">More detailed performance insights are available here</a>.
<figure class="wp-block-image aligncenter size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22232720/Screenshot-2025-06-23-at-7.31.11%E2%80%AFAM.png" alt="" class="wp-image-957395" /></a></figure>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

AVGO

MSFT

SSNLF

South Korea May Delay US Trade Deal Over Threats To Its China-Based Chipmakers

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ASTS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$45.00</td>
<td>$26.3K</td>
<td>100</td>
<td>13.0K</td>
</tr>
<tr>
<td>META</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$685.00</td>
<td>$49.0K</td>
<td>2.1K</td>
<td>12.3K</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$85.00</td>
<td>$126.2K</td>
<td>4.5K</td>
<td>1.2K</td>
</tr>
<tr>
<td>GOOGL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$165.00</td>
<td>$26.7K</td>
<td>5.1K</td>
<td>234</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/11/25</td>
<td>$1190.00</td>
<td>$29.8K</td>
<td>62</td>
<td>39</td>
</tr>
<tr>
<td>SPOT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$660.00</td>
<td>$26.7K</td>
<td>353</td>
<td>34</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding ASTS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), we observe a put option sweep with bearish sentiment. It expires in 28 day(s) on July 18, 2025. Parties traded 65 contract(s) at a $45.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $405.0 per contract. There were 100 open contracts at this strike prior to today, and today 13085 contract(s) were bought and sold. 
• For META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 190 contract(s) at a $685.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $49.0K, with a price of $258.0 per contract. There were 2140 open contracts at this strike prior to today, and today 12344 contract(s) were bought and sold. 
• For BIDU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), we notice a call option trade that happens to be bearish, expiring in 28 day(s) on July 18, 2025. This event was a transfer of 499 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $126.2K, with a price of $253.0 per contract. There were 4546 open contracts at this strike prior to today, and today 1204 contract(s) were bought and sold. 
• For GOOGL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), we notice a put option sweep that happens to be bullish, expiring in 182 day(s) on December 19, 2025. This event was a transfer of 22 contract(s) at a $165.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $1215.0 per contract. There were 5108 open contracts at this strike prior to today, and today 234 contract(s) were bought and sold. 
• For NFLX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), we notice a call option trade that happens to be bearish, expiring in 21 day(s) on July 11, 2025. This event was a transfer of 5 contract(s) at a $1190.00 strike. The total cost received by the writing party (or parties) was $29.8K, with a price of $5975.0 per contract. There were 62 open contracts at this strike prior to today, and today 39 contract(s) were bought and sold. 
• For SPOT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>), we notice a call option trade that happens to be neutral, is expiring today. Parties traded 5 contract(s) at a $660.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $5350.0 per contract. There were 353 open contracts at this strike prior to today, and today 34 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ASTS

NFLX

SPOT

6 Communication Services Stocks With Whale Alerts In Today's Session

SK Hynix has won <a href="https://www.benzinga.com/topic/chip-stocks" target="_blank" rel="noreferrer noopener">custom high-bandwidth memory</a> (HBM) orders from Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>). This marks a growing demand as big tech shifts away from general-purpose memory to optimize the performance of its AI services.
HBM chips are&nbsp;a type of computer memory designed for high-performance computing, particularly in graphics processing and AI.&nbsp;They achieve high bandwidth and efficiency by stacking multiple DRAM (Dynamic Random Access Memory) dies vertically, connected via&nbsp;through-silicon vias (TSVs),&nbsp;and using a wide interface.&nbsp;
Also Read: <a href="https://www.benzinga.com/markets/tech/25/06/45906594/micron-and-trump-announce-200-billion-us-chip-expansion-plan-aiming-to-create-90k-jobs" target="_blank" rel="noreferrer noopener">Micron And Trump Announce $200-Billion US Chip Expansion Plan, Aiming To Create 90K Jobs</a>
Contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)&nbsp;will make logic dies for SK Hynix&#8217;s custom HBM.
The South Korean chip supplier prioritized delivery of its leading client, Nvidia, because it was unable to acclimate to the demand frenzy from Big Tech giants, the Korea Economic Daily <a target="_blank" href="https://www.kedglobal.com/korean-chipmakers/newsView/ked202506190003" rel="noreferrer noopener">reported</a> on Thursday.
SK Hynix&#8217;s first custom HBM will be its seventh generation or HBM4E, likely for launch in the second half of 2026.
An <a target="_blank" href="https://www.benzinga.com/government/24/08/40198085/huawei-and-baidu-increase-samsung-hbm-purchases-as-us-curbs-loom" rel="noreferrer noopener">August 2024 report</a> indicated that Chinese technology companies, including&nbsp;Huawei Technologies Co&nbsp;and&nbsp;Baidu Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), were hoarding HBM semiconductors from&nbsp;Samsung Electronics&nbsp;in anticipation of potential U.S. export restrictions on the chips.
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SK Hynix To Supply Next-Gen Memory For Big Tech's AI Push, Prioritizes Nvidia Amid Supply Crunch

Financial giants have made a conspicuous bearish move on Baidu. Our analysis of options history for Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) revealed 10 unusual trades.
Delving into the details, we found 20% of traders were bullish, while 70% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $151,425, and 5 were calls, valued at $172,941.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $60.0 to $150.0 for Baidu over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Baidu stands at 378.0, with a total volume reaching 385.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Baidu, situated within the strike price corridor from $60.0 to $150.0, throughout the last 30 days.
<h3>Baidu 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749837766_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$18.65</td>
<td>$18.5</td>
<td>$18.5</td>
<td>$70.00</td>
<td>$55.5K</td>
<td align="right">245</td>
<td align="right">30</td>
</tr>
<tr>
<td>BIDU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$13.65</td>
<td>$13.5</td>
<td>$13.5</td>
<td>$90.00</td>
<td>$40.5K</td>
<td align="right">100</td>
<td align="right">57</td>
</tr>
<tr>
<td>BIDU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$63.6</td>
<td>$63.25</td>
<td>$63.6</td>
<td>$150.00</td>
<td>$31.8K</td>
<td align="right">5</td>
<td align="right">9</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$11.25</td>
<td>$11.1</td>
<td>$11.11</td>
<td>$110.00</td>
<td>$31.0K</td>
<td align="right">313</td>
<td align="right">28</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$11.65</td>
<td>$10.95</td>
<td>$11.0</td>
<td>$110.00</td>
<td>$30.8K</td>
<td align="right">313</td>
<td align="right">56</td>
</tr>
</tbody>
</table>

<h3>About Baidu</h3>
Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.
After a thorough review of the options trading surrounding Baidu, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Baidu</h3>
<ul>
<li>Currently trading with a volume of 1,457,698, the BIDU's price is down by -1.72%, now at $86.3. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 69 days.</li>
</ul>
<h3>Professional Analyst Ratings for Baidu</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $114.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Baidu, targeting a price of $84. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Baidu, targeting a price of $138. 
&#x2A; Maintaining their stance, an analyst from Benchmark continues to hold a Buy rating for Baidu, targeting a price of $120. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Baidu options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

A Closer Look at Baidu's Options Market Dynamics

Renowned investor Michael Burry recently liquidated his long positions in Chinese tech stocks—a move echoed by Apollo Global's top economist, who shares his bearish outlook <a href="https://www.benzinga.com/news/global/25/05/45478950/big-short-investor-michael-burry-turns-bearish-on-china-whats-on-his-short-list-now">on China's economy</a>.
What To Know: On Wednesday, Apollo Global's chief economist Torsten Slok <a href="https://www.apolloacademy.com/outlook-for-china-6/?utm_medium=email&amp;utm_source=pardot&amp;utm_id=701Dp00000017sOIAQ&amp;utm_campaign=EXT_Daily+Spark">shared</a> three reasons why he sees growth in China slowing over the next year.&nbsp;
Read Next: <a href="https://www.benzinga.com/markets/tech/25/06/45885805/nvidias-jensen-huang-sparks-quantum-stock-frenzy?utm_source=articleShare">Nvidia&#8217;s Jensen Huang Sparks Quantum Stock Frenzy</a>
In an email to investors, Slok pointed to continuing trade tensions with the U.S., China's collapsing housing market and demographic challenges—stemming from the lingering impacts of the one-child policy, which is reducing the working-age population.&nbsp;
What Else: In the first quarter of 2025, Burry's hedge fund, Scion Asset Management, acquired put options against several major Chinese tech companies.&nbsp;&nbsp;
The firm completely liquidated its long positions in Alibaba Group Holdings, Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and JD.Com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) and purchased put options on each of the Chinese tech names.&nbsp;
Burry&#8217;s bearish pivot on China came in the quarter before the announcement of new tariffs on Chinese goods by President Donald Trump, which heightened trade tensions and roiled global markets.&nbsp;
The move suggests the experienced investor agrees with Slok's view that volatility or downside risk in Chinese equities are set to increase amid geopolitical and economic uncertainty.&nbsp;
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Hedge Funds

Global

Movers

Trading Ideas

Michael Burry And Top Economist Agree: It's Time To Short China

Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang commented on Huawei&#8217;s growing influence in China and predicted that robotics and autonomous vehicles will dominate the coming years.
What Happened: Huang shared his insights at the Viva Tech conference in Paris, as reported by <a href="https://www.cnbc.com/2025/06/12/nvidia-ceo-if-us-wont-participate-in-china-huawei-has-china-covered.html">CNBC</a> on Thursday. Huang expressed concern that if the U.S. continues to enforce AI semiconductor restrictions on China, Huawei could leverage its position in the world&#8217;s second-largest economy. &#8220;Our technology is a generation ahead of theirs,&#8221; Huang told CNBC, but warned that Huawei could dominate if the U.S. chooses not to engage with China.
Huang&nbsp;stressed the importance of global AI developers using the American technology stack rather than China&#8217;s. He warned of potential long-term implications if the U.S. loses a significant portion of the world&#8217;s AI researchers.
He further emphasized that the 2020s will be defined by the rapid growth of autonomous vehicles (AVs), robotics, and autonomous machines.
Nvidia, a major player in the driverless vehicle market, provides hardware as well as software solutions for AVs. This market is seeing increased activity, with Alphabet&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Waymo operating robotaxi services in several U.S. cities and Chinese companies like Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and Pony.ai running their own robotaxi fleets.
SEE ALSO: <a href="https://benzinga.com/crypto/cryptocurrency/25/06/45876652/trump-family-backed-bitcoin-mining-firm-acquires-23-million-worth-of-btc-signals-more-accum" target="_blank" rel="noreferrer noopener">Trump Family-Backed Bitcoin Mining Firm Mines $23 Million Worth Of BTC, Signals More Accumulation In The Future</a>
Why It Matters: The Nvidia CEO also praised the European AI market and stated that it &#8220;EU is going to be a very large market for AI&#8221;. Just a day before Huang&#8217;s statement, the company announced the launch of an AI factory and <a href="https://www.benzinga.com/markets/tech/25/06/45884552/nvidia-launches-ai-factory-and-cloud-marketplace-in-europe-partnering-with-bmw-mercedes">cloud marketplace</a> in Europe, partnering with major players like BMW and Mercedes. This expansion is a clear indication of Nvidia&#8217;s commitment to AI and robotics development in the region.
Moreover, Nvidia is also playing a key role in the global AI landscape. The company is sponsoring the <a href="https://www.benzinga.com/markets/tech/25/06/45832414/keir-starmer-unveils-uk-nvidia-ai-plan-to-train-7-5-million-workers-by-2030-jensen-huang-calls-it-only-way-to-survive">ambitious&nbsp;UK plan </a>to train 7.5 million workers in AI by 2030, as unveiled by U.K. Prime Minister&nbsp;Keir Starmer. This initiative further solidifies Nvidia&#8217;s position as a leader in the AI and robotics industry, aligning with Huang&#8217;s vision of the upcoming decade.
Benzinga's Edge Rankings place Nvidia in the 99th percentile for growth and 70th percentile for value, reflecting its strong performance in both areas. Check the detailed report <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a>.&nbsp;
On a year-to-date basis, Nvidia stock climbed 3.27%. 
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Nvidia CEO Jensen Huang Says Huawei 'Has Got China Covered' If US Backs Off, Despite American Tech Being 'Generation Ahead'

WIIM

FUTU

TCOM

XPEV

Shares of US-listed Chinese stocks are trading higher as trade talks between U.S. and Chinese officials in London on Monday spark investor optimism.

<a target="_blank" href="https://www.benzinga.com/topic/chinese-stocks" rel="noreferrer noopener">U.S.-listed Chinese stocks</a> Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>),&nbsp;Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>),&nbsp;JD.Com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>),&nbsp;and PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) are trading higher on Monday.
The up movement comes as U.S. and Chinese officials meet in London on Monday for trade talks, which will likely focus on rare earth minerals too.
Chinese EV stocks, including Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) and XPeng Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), also gained on Monday.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/05/45703311/us-listed-chinese-stocks-drop-after-trump-renews-trade-tensions" rel="noreferrer noopener">Trump Accuses China of Violating Tariff Deal — U.S.-Listed Chinese Stocks Slide in Response</a>
The meeting came after President Donald Trump and Chinese President Xi Jinping discussed trade issues on the phone&nbsp;last week.
China has reportedly&nbsp;granted temporary approvals&nbsp;for the export of rare earths, while jetliner&nbsp;Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) has&nbsp;begun commercial jet deliveries&nbsp;in China, CNBC <a target="_blank" href="https://www.cnbc.com/2025/06/09/asia-stock-markets-today-live-updates-june-9-2025.html" rel="noreferrer noopener">reported</a> on Monday.
China's&nbsp;consumer price inflation&nbsp;dropped by 0.1% in May, compared to Reuters consensus estimates of 0.2%. The producer price index declined 3.3% compared to a 3.2% analyst consensus estimate.
China's export growth&nbsp;missed expectations in May, plunging 48.3% year over year as shipments to the U.S. declined sharply.
Rare earth elements play significant roles, from smartphones to electric vehicles to fighter jets. The U.S. depends on China for ~70% of imports of rare earth elements, signaling U.S. supply chain risks, SCMP <a target="_blank" href="https://www.scmp.com/economy/global-economy/article/3313697/ahead-us-china-talks-chinas-rare-earth-trade-data-may-shows-leverage-action" rel="noreferrer noopener">reported</a> on Monday, citing analyst estimates.
Beijing has maintained export controls on&nbsp;medium and heavy rare earths, which it announced on April 4 despite the Geneva, Switzerland understanding in May.
Last week, UBS Group&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/large-cap/25/06/45729089/china-stocks-get-boost-as-ubs-hsbc-cite-stimulus-hopes-tariff-truce-cheap-valuations" rel="noreferrer noopener">expressed optimism&nbsp;about</a> Chinese stocks, citing&nbsp;the recent tariff pause with the U.S., potential&nbsp;stimulus measures from Beijing, and attractive low valuations as key drivers.
Neil Hosie of UBS said Beijing's economic policy measures in September and the emergence of artificial intelligence start-up&nbsp;DeepSeek's affordable models sparked global investor interest in China equities.
Hosie said a 90-day tariff truce and Beijing's hopes for domestic stimulus have translated into higher inflows into China's markets.
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Asia

Government

US Listed Chinese Stocks Gain As US-China Trade Talks Spark Optimism

As U.S. President Donald Trump&nbsp;and&nbsp;Chinese President Xi Jinping&nbsp;break the ice with a phone call after months of silence, analysts weigh in on what&#8217;s in store for the U.S.-China trade.
What Happened: The U.S. and China have been at odds over trade for a considerable period. The call signifies some advancement in establishing ground rules for a potential meeting. Jeremy Chan, Senior China Analyst at the Eurasia Group consultancy, stated that this communication suggests a level of respect from President Trump towards President Xi, <a href="https://www.scmp.com/news/china/diplomacy/article/3313235/china-us-presidents-break-months-long-stand-phone-call?module=top_story&amp;pgtype=homepage">reported</a> The South China Morning Post.
However, analysts have noted that more than optimistic statements are required to resolve the deeply rooted trade differences between the two nations. Chan further noted that Xi typically consents to meetings with foreign leaders only after substantial groundwork has been laid through lower-level diplomatic efforts.
"Xi has bowed to reality,&nbsp;like so many other foreign&nbsp;leaders before him, that there&nbsp;is no substitute for direct&nbsp;negotiations with Trump," stated Chan, who is also a former U.S. diplomat.
On the other hand, ASPI&#8217;s Wendy Cutler highlighted the complexity of the upcoming trade talks and the challenges.
"The likelihood of further misunderstandings, coupled with a fundamental lack of trust, will present enormous challenges for the negotiators as they try to hammer out a deal," cautioned Cutler. 
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/movers-shakers/25/06/45807280/elon-musk-bleeds-34-billion-as-tesla-shares-tank-14-amid-spat-with-trump-how-the-billionaires" target="_blank" rel="noreferrer noopener">Elon Musk Loses $34 Billion As Tesla Sheds $153 Billion Amid Feud With Trump—Here&#8217;s How The Billionaire&#8217;s Fortune Has Fared So Far In 2025</a>
Why It Matters: This phone call comes in the wake of escalating trade tensions between the two countries. On Thursday, U.S. stocks<a href="https://www.benzinga.com/news/politics/25/06/45793852/trump-reaches-out-to-xi-as-markets-react-tensions-simmer"> dipped following</a> reports of a phone call between Presidents Donald Trump and Xi Jinping, signaling a possible thaw in China trade tensions. The outreach was said to have come from the U.S. side, as per CNBC, citing Chinese state media.
Earlier in May, President Trump had expressed his willingness to travel to China <a href="https://www.benzinga.com/media/25/05/45481159/donald-trump-offers-to-visit-xi-jinping-in-beijing-calls-us-china-ties-important-after-striking-temporary-trade-truce">to meet </a>with President Xi Jinping, emphasizing the importance of the U.S.-China relationship. 
In early May, the South China Morning Post reported that the U.S. and China are struggling to <a href="https://www.benzinga.com/news/global/25/05/45188171/china-pushes-for-special-envoys-as-direct-deal-with-trump-deemed-risky-plans-fentanyl-concessions-as-negotiating-leverage-report">resume trade talks</a>. China suggested using special envoys, but the U.S. prefers direct talks between Trump and Xi—a move China considers &#8220;risky and uncertain.&#8221;
This latest phone call could be seen as a step towards that potential meeting, and a move towards resolving the trade disputes.
Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and Alibaba Group Holding Ltd &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) climbed 1.13% and 0.43%, respectively, on Thursday. Meanwhile,&nbsp;JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) declined 0.72%
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Xi Has 'Bowed To Reality,' Says China Analyst, Urges More Engagement Between Leaders To Resolve Trade Issues: 'No Substitute For Direct Negotiations With Trump'

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Alibaba Group Holding Ltd &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) are facing regulatory delays in launching their artificial intelligence partnership in China, as Beijing withholds approval amid complex U.S.-China trade dynamics. What Happened: The tech giants submitted multiple AI products co-developed for Apple Intelligence services to China&#8217;s Cyberspace Administration this year, but applications remain stalled due to increasing geopolitical uncertainties, <a href="https://www.ft.com/content/0c76f3c2-7213-42a5-8f30-b101b7616db0">reported</a> the Financial Times, citing sources.
Apple&#8217;s AI rollout delay comes as the company battles declining market share in China&#8217;s premium smartphone segment. International Data Corporation data shows Apple&#8217;s <a href="https://www.benzinga.com/25/05/45427189/tencent-says-it-has-enough-high-end-ai-chips-to-train-models-for-generations-after-trump-administration-bans-huawei-tech-anywhere-in-the-world">high-end market share dropped</a> from 70% in early 2023 to 47% in the first quarter of 2025, while Huawei Technologies climbed from 13% to 35%.
The partnership represents<a href="https://www.benzinga.com/25/02/43631776/apple-teams-up-with-alibaba-for-ai-innovation-in-china-submits-ai-features-for-regulatory-approval"> Apple&#8217;s second attempt at AI integration</a> in China after its collaboration with Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) failed to meet expectations. 
China requires international companies to <a href="https://www.benzinga.com/25/02/43631776/apple-teams-up-with-alibaba-for-ai-innovation-in-china-submits-ai-features-for-regulatory-approval">partner with domestic firms for AI services</a>, prompting Apple to team with Alibaba after exploring options including Tencent Holdings Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) and ByteDance.
Apple and Alibaba did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/45786854/magnificent-7-drive-54-of-market-cap-gains-in-sp-500-since-april-lows-the-market-cannot-survive-without-big-tech">Magnificent 7 Drive 54% Of Market Cap Gains In S&amp;P 500 Since April Lows: &#8216;The Market Cannot Survive Without Big Tech&#8217;</a>
Why It Matters: President Donald Trump&#8216;s trade policies have particularly impacted Apple, with threats of 25% tariffs on devices unless manufacturing returns to the U.S. Despite this pressure, Apple continues<a href="https://www.benzinga.com/news/global/25/05/45582261/despite-trumps-warning-to-tim-cook-apple-moves-ahead-with-1-5-billion-india-expansion-via-foxconn-to-boost-iphone-production-report"> expanding its India operations </a>through Foxconn with a $1.5 billion investment.
The CAC typically approves AI models through official testing and has cleared over 300 domestic models. However, US-related partnerships now face extended review periods requiring State Council approval, according to the report, which is engaged in ongoing trade negotiations.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock

AAPL

TCEHY

Apple And Alibaba's AI Launch In China Delayed By US-China Trade Tensions And Regulatory Hurdles: Report

UBS Group expressed optimism <a href="https://www.benzinga.com/topic/chinese-stocks" target="_blank" rel="noreferrer noopener">about Chinese stocks</a>, citing the recent tariff pause with the U.S., potential stimulus measures from Beijing and attractive low valuations as key drivers.
UBS&#8217; stance coincided with a market sell-off in U.S. equities amid trade tensions, SCMP <a href="https://www.scmp.com/business/banking-finance/article/3312525/ubs-upbeat-china-stocks-citing-tariff-pause-us-and-potential-beijing-stimulus" target="_blank" rel="noreferrer noopener">reported</a> on Monday.
Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) is considered a tech barometer of China. Other significant U.S.-listed Chinese stocks included Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), JD.Com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), and PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>).
Also Read: <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45703311/us-listed-chinese-stocks-drop-after-trump-renews-trade-tensions" target="_blank" rel="noreferrer noopener">US Listed Chinese Stocks Drop After Trump Renews Trade Tensions</a>
Neil Hosie of UBS said Beijing&#8217;s economic policy measures in September and the emergence of artificial intelligence start-up DeepSeek&#8217;s affordable models sparked global investor interest in China equities, slowly translating into more significant fund flows.
Hosie said a 90-day tariff truce and Beijing&#8217;s hopes for domestic stimulus have translated into higher inflows into China&#8217;s markets.
Additionally, Hosie said Hong Kong&#8217;s resurgent initial public offering (IPO) market was a positive driver.
Meanwhile, Hosie said U.S. stocks were overvalued, citing the Nasdaq&#8217;s P/E of 31.70x, compared to Hong Kong&#8217;s benchmark Hang Seng Index at 10.86x and Shanghai&#8217;s main board at 15.60x, as per Bloomberg data.
Mainland Chinese households held 160 trillion yuan ($22 trillion) in cash, mostly invested in bank time deposits and about a third of it could flow into stock markets in Hong Kong as lower interest rates drive demand for riskier assets, SCMP <a href="https://www.scmp.com/business/china-business/article/3312751/chinese-households-set-buy-another-us100-billion-hong-kong-stocks-hsbc-says" target="_blank" rel="noreferrer noopener">reported</a> on Monday, citing HSBC.
Herald van der Linde, head of HSBC Asia-Pacific equity research, told SCMP that close to 50 trillion yuan, deemed excess savings over the COVID-19 pandemic years, will find their way back into local and offshore equity markets.
HSBC said Chinese investors channeled $80 billion in net inflows into Hong Kong stocks through Stock Connect&#8217;s southbound channel in 2025. At the current rate, they could funnel more excess savings to drive purchases to $180 billion by the end of the year.
HSBC said most of the cash flowing into Hong Kong&#8217;s stock market had gone into high-growth sectors such as internet firms, electric vehicle (EV) makers, and other high-yielding companies like Tencent Holdings and Alibaba.
BABA Price Actions: BABA stock is up 0.76% at $114.70 at publication on Monday.
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Photo: Shutterstock

Large Cap

Analyst Ratings

China Stocks Get Boost As UBS, HSBC Cite Stimulus Hopes, Tariff Truce, Low Valuations

China has refuted U.S. President Donald Trump&#8216;s claims of breaching the Geneva trade agreement, labeling them as unfounded. 
What Happened: On Monday, China's Commerce Ministry rejected Trump's accusations that Beijing had breached the Geneva trade agreement. The ministry confirmed that China had implemented and consistently upheld the agreement reached in Geneva last month, <a href="https://english.news.cn/20250602/ebecebe8437e464da4723ebd20a5e72b/c.html">reported </a>Xinhua News.
The Chinese government stated that the U.S. had &#8220;groundlessly&#8221; accused the nation of breaching the trade deal and pledged to take aggressive measures to protect its interests.
Trump had accused China of breaching a bilateral deal to reduce tariffs. The ministry countered, stating that the U.S. had imposed several &#8220;discriminatory restrictive&#8221; measures against China, such as restricting AI chip exports, banning the sale of chip design software to China and revoking visas for Chinese students. 
&#8220;The U.S. government has unilaterally and repeatedly provoked new economic and trade frictions, exacerbating uncertainty and instability in bilateral economic and trade relations,&#8221; the ministry stated. 
SEE ALSO: <a href="https://benzinga.com/cannabis/25/05/45691518/110m-wiped-out-bitcoin-whale-trader-gets-burned-as-btc-tags-104150" target="_blank" rel="noreferrer noopener">$110M Wiped Out: Bitcoin Whale Trader Gets Burned As BTC Tags $104,150 &#8211; Benzinga</a>
Why It Matters: This recent dispute follows a series of events that have strained U.S.-China trade relations. On Friday, President Trump accused China of violating an agreement to ease tariffs. Analysts suggest China&#8217;s delay in approving rare earth export licenses, over which it holds strategic control, may have fueled Trump&#8217;s anger, even though he didn&#8217;t directly mention them in his accusations, reported the South China Morning Post.
Following the development. the U.S.-listed Chinese stocks, including Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45703311/us-listed-chinese-stocks-drop-after-trump-renews-trade-tensions">dropped</a> 2.95% and 2.85%, respectively.
A day prior to that, China called on the U.S. to completely <a href="https://www.benzinga.com/markets/25/05/45664337/china-tells-us-to-entirely-revoke-wrongful-unilateral-tariffs-after-court-blocks-trumps-liberation-day-levies">withdraw </a>the unilateral tariff measures when a U.S. federal court blocked Trump tariffs which have now been temporarily reinstated.
Meanwhile, U.S. Treasury Secretary Scott Bessent indicated that trade negotiations between the two countries had reached a <a href="https://www.benzinga.com/25/05/45685544/scott-bessent-says-us-china-trade-talks-at-stalemate-need-trump-and-xi-jinping-touch-to-break-the-deadlock">stalemate</a>. On Sunday, Bessent stated in an interview with CBS news that he is confident President Trump and Chinese President Xi Jinping would meet &#8220;soon&#8221; and iron out the differences. 
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Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Xi Jinping's China Dismisses Trump's 'Groundless' Accusations On Geneva Trade Deal Breach, Vows Strong Retaliation

Billionaire investor Chamath Palihapitiya predicts Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Robotaxi and Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo will dominate the autonomous vehicle market, potentially sidelining ride-hailing giants Uber Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NASDAQ">UBER</a>) and Lyft Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>).
What Happened: In a Sunday post on X, Palihapitiya argued that consumer preference for driverless rides stems from privacy concerns rather than just cost considerations. &#8220;This is less about Uber or Lyft and more about a desire to ride alone without a person you don&#8217;t know who can overhear conversations or interrupt quiet contemplation,&#8221; he wrote.
The Social Capital founder emphasized that autonomous technology represents &#8220;the experience of the future,&#8221; questioning whether existing ride-hailing apps can provide sufficient value once driverless options become widespread. He sees Tesla positioned for &#8220;an obvious win&#8221; as the company scales its autonomous capabilities.
Palihapitiya&#8217;s comments followed data showing Waymo&#8217;s market penetration in San Francisco. According to YipitData, Waymo&#8217;s market share surged from nearly 0% in August 2023 to approximately 27% by April, overtaking Lyft&#8217;s 22% share while Uber maintained its lead at 53%.
He predicted neither company would have &#8220;deep incentive to work with other apps&#8221; once they understand consumer preferences for driverless over traditional ride-hailing.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is less about Uber or Lyft and more about a desire to ride alone without a person you don't know who can overhear conversations or interrupt quiet contemplation. Driverless is the experience of the future. The question is if the Uber or Lyft apps can provide enough… <a href="https://t.co/ouZBUPFtvX">https://t.co/ouZBUPFtvX</a>
&mdash; Chamath Palihapitiya (@chamath) <a href="https://twitter.com/chamath/status/1929290467008819289?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/market-summary/25/06/45713715/dow-futures-slip-over-100-points-after-trump-announces-doubling-steel-tariffs-nikkei-down">Dow Futures Slip Over 100 Points After Trump Announces Doubling Steel Tariffs, Nikkei Down</a>
Why It Matters: Tesla plans to launch its robotaxi service in Austin on June 12, starting with 10-20 Model Y vehicles equipped with Full Self-Driving technology and remote supervision. However, The Future Fund&#8216;s Gary Black dismissed the launch as posing <a href="https://www.benzinga.com/tech/25/05/45687704/gary-black-says-teslas-robotaxi-launch-in-june-poses-minimal-risk-to-uber-will-offer-low-cost">minimal risk to Uber&#8217;s business model</a>.
The autonomous vehicle race intensifies as Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) expands its Apollo Go service internationally, providing 1.4 million rides in the first quarter of 2025 across 15 cities globally. With over 1,000 fully driverless vehicles deployed, Baidu positions itself as the world&#8217;s <a href="https://www.benzinga.com/markets/equities/25/05/45557944/baidus-apollo-go-enters-dubai-and-abu-dhabi-ceo-robin-li-touts-global-robotaxi-lead-with-1-4-million-rides-in-q1">leading autonomous ride-hailing provider</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Ken Wolter / Shutterstock.com

Chamath Palihapitiya Calls Tesla An 'Obvious Win,' Says Robotaxi, Alphabet's Waymo Will Overtake Uber And Lyft

<a target="_blank" href="https://www.benzinga.com/topic/chinese-stocks" rel="noreferrer noopener">US-listed Chinese stocks</a> Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>),&nbsp;PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), and&nbsp;Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) declined on Friday after U.S. President&nbsp;Donald Trump&nbsp;accused China of violating an agreement with the U.S. to ease tariffs in his Truth Social <a target="_blank" href="https://truthsocial.com/@realDonaldTrump/posts/114596705340367716" rel="noreferrer noopener">post</a>.
However, President Trump did not mention specifically how China violated the deal.
Chinese electric vehicle companies, including&nbsp;NIO Inc&nbsp;(NYSE:&nbsp;NIO) and&nbsp;XPeng Inc&nbsp;(NYSE:&nbsp;XPEV), also traded lower on Friday.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/asia/25/05/45692725/alibaba-and-baidu-turn-to-chinese-ai-chips-as-us-sanctions-squeeze-nvidia-supply" rel="noreferrer noopener">Alibaba And Baidu Turn To Chinese AI Chips As US Sanctions Squeeze Nvidia Supply</a>
On May 12, Beijing and Washington&nbsp;had agreed to lower&nbsp;tariffs on each other's products, temporarily offering relief to the stock market. The deal reduced U.S. levies of 145% on most Chinese imports to 30%, while China's 125% duties on U.S. goods will drop to 10% for 90 days.
On Wednesday, a&nbsp;federal court had <a target="_blank" href="https://www.benzinga.com/government/regulations/25/05/45676270/chinese-stocks-soar-as-us-court-blocks-trump-tariffs" rel="noreferrer noopener">invalidated&nbsp;global tariffs</a> enacted by Trump under the International Emergency Economic Powers Act.
A three-judge panel, with appointees from the Reagan, Obama, and Trump eras, ruled that the IEEPA doesn't give the president unlimited power to impose tariffs.
However, the order was appealed, and on Thursday, the federal appeals court in Washington reinstated the tariffs on foreign imports.
"The request for an immediate administrative stay is granted to the extent that the judgments and the permanent injunctions entered by the Court of International Trade in these cases are temporarily stayed until further notice while this court considers the motions papers," the order stated,
Price Actions:&nbsp;BABA stock is down 2.88% at $113.81 at last check Friday. PDD is down 1.34%, BIDU is down 2.41.
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Photo by DOERS via Shutterstock

US Listed Chinese Stocks Drop After Trump Renews Trade Tensions

Shares of US-listed Chinese stocks are trading lower after President Trump said china has violated its agreement with the US. Additionally, a federal appeals court on Thursday temporarily reinstated most of the tariffs imposed by Trump.

China&#8217;s leading technology companies, including Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Tencent Holding (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) and Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) have begun switching to <a href="https://www.benzinga.com/topic/chip-stocks" target="_blank" rel="noreferrer noopener">homegrown chips to</a> develop artificial intelligence as the dwindling stockpile of Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) processors and U.S. export controls erode their ambitions.
Growing geopolitical tensions with China led Donald Trump&#8217;s administration to clamp down on sales of Nvidia&#8217;s H20 in April, prompting the companies to step up contingency planning, the Financial Times <a target="_blank" href="https://www.ft.com/content/bb1315e8-27df-4a93-a4dc-11e2883fdde3" rel="noreferrer noopener">reported</a> on Thursday, citing unnamed sources familiar with the matter.
Uncertainties mount over Nvidia&#8217;s ability to offer a new processor for China that is compliant with Trump&#8217;s export rules and competitive against domestic rivals.
Also Read: <a target="_blank" href="https://www.benzinga.com/tech/25/05/45673288/when-nvidia-wins-broadcom-climbs-ai-boom-sends-chip-stocks-soaring" rel="noreferrer noopener">When Nvidia Wins, Broadcom Climbs: AI Boom Sends Chip Stocks Soaring</a>
New chip orders typically take three to six months to ship.
Shen Dou, head of Baidu&#8217;s AI cloud group, expressed optimism during an analyst call, saying that domestically developed self-sufficient chips and homegrown software stacks will gradually replace Nvidia.
Alibaba chief Eddie Wu, in an earnings call, talked about actively exploring diversified solutions to meet demand.
China Institutes of Contemporary International Relations&#8217; social media post quoted domestic entities in China as having already begun large-scale procurement and use of Ascend chips.
Most companies are considering a hybrid approach, with AI training continuing to run on existing Nvidia chips while adopting local processors for inference.
Analysts at GF Securities told the Financial Times that they expect Nvidia to start producing its next chips for China by early July.
Nvidia said it had incurred a <a href="https://www.benzinga.com/news/earnings/25/05/45657660/nvidia-q1-highlights-china-export-ban-hits-results-but-jensen-huang-says-demand-incredibly-strong" target="_blank" rel="noreferrer noopener">$4.5 billion charge</a> in the first quarter related to H20 excess inventory and purchase obligations. H20 product sales were $4.6 billion for the first quarter before the new export licensing requirements.
<a href="https://www.benzinga.com/25/04/44963176/chinese-tech-firms-led-by-alibaba-hoard-nvidia-ai-chips-amid-us-sanctions" target="_blank" rel="noreferrer noopener">Chinese companies, including</a> ByteDance, Alibaba and Tencent, hoarded Nvidia&#8217;s H20 AI chips amid US sanctions. They aimed to snap up one million H20s before the latest US semiconductor sanctions. The companies reportedly placed over $16 billion in orders for the quarter. 
Reportedly, Nvidia bagged $18 billion of H20 orders since 2025.
China generated $17 billion in revenue in fiscal 2024, accounting for 13% of Nvidia&#8217;s total sales.
Price Actions: At the last check on Friday, NVDA stock was down 0.06% at $139.10. BABA is down 0.84%.
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Photo: Shutterstock

Regulations

Alibaba And Baidu Turn To Chinese AI Chips As US Sanctions Squeeze Nvidia Supply

Shares of US listed Chinese stocks led are trading higher after a federal court invalidated global tariffs enacted by President Donald Trump under the International Emergency Economic Powers Act on Wednesday.

U.S.-listed Chinese stocks&nbsp;led by&nbsp;Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>),&nbsp;PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), and&nbsp;Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>)&nbsp;gained on Thursday after a <a target="_blank" href="https://www.benzinga.com/25/05/45664572/us-stocks-likely-to-open-higher-after-federal-court-invalidates-trumps-tariffs-without-tariff-revenues-there-is-a-big-beautiful-hole-in-the-big-beautiful-budget-bill-says-expert" rel="noreferrer noopener">federal court invalidated</a> global tariffs&nbsp;enacted by President&nbsp;Donald Trump under the International Emergency Economic Powers Act on Wednesday.
A three-judge panel, with appointees from the Reagan, Obama and Trump eras, ruled that the IEEPA doesn&#8217;t give the president unlimited power to impose tariffs.
Reportedly, the Trump administration filed an appeal against the ruling in minutes.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/05/45620670/alibaba-eyes-growth-in-other-markets-as-us-ties-strained-says-chairman" rel="noreferrer noopener">Alibaba Eyes Growth In Other Markets As US Ties Strained, Says Chairman</a>
The Chinese electric vehicle companies, including&nbsp;NIO Inc&nbsp;(NYSE:&nbsp;NIO) and XPeng Inc (NYSE: XPEV), also noted strong upward momentum.
On May 12, Beijing and Washington <a target="_blank" href="https://www.benzinga.com/government/regulations/25/05/45348699/us-listed-chinese-stocks-rally-as-countries-agree-to-ease-import-tariffs" rel="noreferrer noopener">agreed to lower</a> tariffs on each other&#8217;s products, temporarily offering relief to the stock market. The deal reduced U.S. levies of 145% on most Chinese imports to 30%, while China&#8217;s 125% duties on U.S. goods will drop to 10% for 90 days.
In April, President Trump&nbsp;hinted at a&nbsp;significant&nbsp;reduction in&nbsp;tariff rates.
During an investor summit, Treasury Secretary Scott Bessent&nbsp;acknowledged the impracticability and mutual challenges of a tariff war with China.
U.S. chip designer Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) reported <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45657660/nvidia-q1-highlights-china-export-ban-hits-results-but-jensen-huang-says-demand-incredibly-strong" rel="noreferrer noopener">first-quarter results</a> on Wednesday. It faced an export ban on H20 products to China on April 9.
The company said it incurred a $4.5 billion charge in the first quarter related to H20 excess inventory and purchase obligations.
Price Actions:&nbsp;BABA stock is up 0.50%, and PDD is up 1.20%&nbsp;at&nbsp;the last check Thursday.
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Chinese Stocks Soar As US Court Blocks Trump Tariffs

Offerings

Press Releases

Baidu Announces Completion of CNY10 Billion Offering of CNY-denominated Senior Notes

Baidu Unveils ERNIE 4.5 and Reasoning Model ERNIE X1, Makes ERNIE Bot Free Ahead of Schedule

Jack Ma's AI Comeback Signals Alibaba's Resurgence

Baidu, Inc. Files Its Annual Report on Form 20-F

Baidu's Apollo Go Enters Strategic Partnership with Dubai RTA to Deploy Robotaxis in Dubai

Contracts

Baidu's Apollo Go Partners with Autogo in Plan to Build Abu Dhabi's Largest Robotaxi Fleet

Baidu to Report First Quarter 2025 Financial Results on May 21, 2025

Baidu Launches ERNIE 4.5 Turbo, ERNIE X1 Turbo and New Suite of AI Tools to Empower Developers and Supercharge AI Innovation

Baidu to Hold Annual General Meeting on June 27, 2025

Earnings

Baidu Announces First Quarter 2025 Results

Autohome Inc. American Depositary Shares, each representing four class A ordinary shares.

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