Here at FxPro, we’re delighted to offer our clients the opportunity to invest in Baidu Inc - ADR, through our CFDs Product. This is a Chinese web services company, foremost among which is a search engine with the same name — the leader among Chinese search engines.
According to the official open sources, the company’s history began in 2000. Headquarters is located in China, Beijing.
The name of the company was taken from a poem from the time of the Song Dynasty, literally, it means "a hundred times."
Baidu occupies about 1.5% of the global search engine market. In its search engine index is more than 740 million web pages, 80 million images, and 10 million media files.
The system also has an online encyclopedia – Baidu Baike, which has overtaken Chinese Wikipedia.
In 2005, the company has carried out an IPO on the NASDAQ. In December 2007, Baidu Inc - ADR became the first Chinese company whose shares were included in the NASDAQ-100 index.
That’s why Baidu Inc - ADR stock price is subject to the observations of many traders in the world. At the beginning of 2019, Baidu share price was 164,3 USD.
On the morning of January 12, 2010, the site was attacked by hackers from the Iranian Cyber Army. The attackers changed the DNS records and redirected all the traffic to another site.
In 2016, Baidu Inc - ADR president Zhang Yakin announced his plans to start mass production of self-driving cars. According to the words of the head of the company, it will take about five years.
In 2017, Baidu Inc - ADR entered the Hyperledger blockchain consortium to unite efforts to develop distributed networks with such giants as Accenture, IBM, JP Morgan, and others.
Today this brand is listed on the NASDAQ and its name is firmly established in our life.
Among the reasons to keep a close eye to the CFDs on Baidu Inc - ADR securities is the strong volatility that can be observed during the day-to-day trading sessions.
On this page, you can take a look at the Baidu Inc - ADR share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.
In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.
Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).
