Bidu will surge into new highs now that the downgrades by analyst proved to be nothing but a scam to set panic selling, which they in return loaded up shares of bidu at a discount. Bidu is here to stay and will prove to be a winner within a few years.
Major U.S. indexes climbed Monday after falling every day last week. Investors latched on to weekend statements from China's Premier Wen Jiabao, who promised to boost the country's consumption rather than focusing primarily on curbing inflation.
That helped ease the disappointment of what many investors saw as an ambiguous conclusion to the weekend's Group of Eight meeting of world leaders, which produced statements promising to pursue growth in Europe but not much in the way of concrete plans for how to do so.