Baidu’s stock has been rising over the past week due to several contributing factors. China’s People’s Bank (PBoC) implemented monetary easing, including cutting the reserve requirement ratio by 50 basis points, which injected around $140 billion into the economy.
This article 25% surge in China’s stock market, and Baidu’s leading the charge! Could this be the beginning of a massive rally? 👍 appeared first on Guerilla Stock Trading.