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Technology Stocks : Baidu (BIDU)
BIDU 124.40+0.5%3:59 PM EST
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To: kayco who wrote (1424)10/22/2010 2:23:46 PM
From: manalagi  Read Replies (2) of 2098
 
I don't know how the Singapore dollars is connected to the Chinese Yuan. The bonus of having ADR is that Baidu's main revenues and incomes come from inside China that has a strong currency begging to be revalued. When translated into US dollars, the figure is magnified.
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