BIDU
XNASBAIDU INC - SPON ADR
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News · 2
How did the price react? →- Forexlive6/9/2026, 3:37:17 AMinvestingLive Asia-Pacific FX news wrap: OpenAI has confidentially filed for a US IPO
OpenAI has confidentially filed for a US IPO targeting a valuation of up to $1 trillion, with a potential September debut; no size or firm terms were disclosed. The Pentagon added Alibaba, Baidu, and BYD to its 1260H China military-linked firms list, barring direct Defense Department contracts. AstraZeneca reported its obesity pill cut body weight by 10.5% in a Phase II trial, while broader Asia-Pacific macro items included China's May trade beat and a PBOC yuan fixing at its strongest since February 2023.
- Forexlive6/9/2026, 2:55:06 AMPentagon adds Alibaba, Baidu and BYD to China military-linked firms list
The Pentagon has added Alibaba, Baidu, BYD, WuXi AppTec, RoboSense, Unitree, CXMT, and YMTC to its 1260H list of China military-linked companies, barring direct DoD contracts from later this month and third-party procurement through June 2027. The designations stop short of formal sanctions or export blacklist status, but indirect restrictions could force US defence contractors to sever ties with listed firms. Alibaba and WuXi AppTec disputed their listings and said they would pursue legal action; Baidu ADRs fell 2.1% while Alibaba and BYD each dropped 0.8% on the news.