BIDU will report 1Q18 results on Thursday, April 26th after the market closes followed by a 10:15pm EST conference call. Based on our proprietary data, we believe BIDU is likely to report 1Q18 revenue at least in line with consensus. While search growth is not as high as it was in the past, the company is aggressively pursuing news feed and AI, which we believe are the new engines to propel BIDU’s near-term and long-term growth.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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