BIDU: For Better Future Growth, 2019 Is An Investment Year For BIDU Despite Headwind From Macro And Market Competition

  • BIDU: For Better Future Growth, 2019 Is An Investment Year For BIDU Despite Headwind From Macro And Market Competition

BIDU will report 2Q19 results on August 19th after the markets close followed by a 9:15pm EST conference call. Based on our data and calculations, we believe BIDU is likely to deliver 2Q19 net revenue in line with consensus but with better margin. Looking beyond quarterly earnings, we believe 2019 is a changing as well as a challenging year for BIDU.

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T.H. Capital is an independent research and investment advisory firm specializing in China. We offer real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects, from China ADRs to international names that have meaningful exposure to the China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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