Holy cow my good man!! I hope you covered!!! Playing BAIDU on the SHORT side is PLAYING WITH DYNAMITE..... (yes, experts can handle dynamite, but they are not the kind of people seeking advice here).
If you covered already, congratulations, and a hearty WHEW!!!! If not, cover at MARKET asaFp!!! I am not kidding... I remember people thinking it was smart to Short EBAY, GOOG, MSFT, KKD, in their early days after big declines. Sure, maybe some of them would have been right after a few years, but not before being forced out by margin calls, or heart attacks.
I am not kidding, many people ended up killing themselves...
If you are still short, you are sweating bullets, or you should be.