This is what CEO stated on WB:
Google translation goes like this:
Now rumors are compiled without effort, with insiders do cover these three words, ask the Wall Street Journal, to tell you that the informant who called what?
It basically says: It's so easy to spread rumors these days citing person in the know. Let's ask Wall Street Journal who is the person in the know.
Come on, market, let BIDU run!!!
Exactly right!!! Most American stocks are overvalued and almost all Chinese stocks here are undervalued. Without China, people in US couldn't maintain their current life style. Using borrowed money, they are not living within their means. Most Americans, including the government, haven't really thought about the serious consequences when their debt bubble bursts. The crisis will happen sooner or later, no credit card is unlimited. A lot of cracks have started to build up in our economic foundations. Who can fix those cracks, our grand children?
although insiders admitted that consideration of privatization has been going on for a while and was NOT a spur-of-the-moment decision.
Without China, many US companies have nowhere to grow. Chinese have bought a lot of expensive properties in US and lived a much better life than you and I.