Baidu Share Slide Wipes $2.4 Billion off Market Value Amid Speculation Over Xi Meeting HONG KONG (Reuters) - The Hong Kong shares of Baidu plunged on Monday, wiping $2.4 billion off its market ...

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Baidu Inc., a Tencent rival that’s also building DeepSeek into its search product, plunged as much as 8.8% in the afternoon in part because of profit-taking ahead of its Tuesday earnings report.