Express News | Baidu: Notified that the U.S. Department of Defense has included the company on its list of Chinese military companies; the company is not a Chinese military enterprise.
HKEX Updates Equity Options Market Maker Program to Include 22 New Underlying Securities, Effective July 2
On June 9, Hong Kong Exchange announced an update to its Equity Options Market Maker Program, which will take effect on Thursday, July 2 and run for one to two years, through and including June 30, 2027.
Alibaba, Baidu's Inclusion to Pentagon List Expected to Have Limited Impact -- Market Talk
Baidu (09888.HK): The claim that it is a military-industrial enterprise is completely unfounded; the company will employ all available means to seek removal from the list.
Baidu-SW (09888.HK) has been added to the U.S. Department of Defense's list of Chinese military companies. A Baidu spokesperson stated that the company firmly opposes its inclusion on this list, emphasizing that there is no legitimate basis for such designation and that claims labeling Baidu as a military enterprise are entirely unfounded. The company will employ all available means to seek removal from the list.
Analyst Ratings | Goldman Sachs: Cloud and Data Center Subsector Remains the Most Favored Segment for the Second Half of the Year
Gelonghui, June 9 | Goldman Sachs stated in a report that the cloud and data center sub-sector remains its most favored area in the second half of 2026. Its top recommendations continue to be: Alibaba (included in the Asia Pacific Conviction Buy List), GDS Holdings, 21Vianet, and Kingsoft Cloud. Although the pace of existing capacity expansion and customer onboarding in the first quarter was below expectations, the firm anticipates that cloud service price increases and sustained token expansion will drive cloud revenue growth and margin expansion, alongside higher capital expenditures by hyperscale cloud operators. The firm now estimates that ByteDance, Baidu, Alibaba, and Tencent (BBAT) will increase their full-year 2026 capital expenditures.
Global Equities Roundup: Market Talk