Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
Why Baidu and NIO Are Bucking the China Selloff
While most China stocks have been sliding in May 2026, Baidu and NIO are up 5.9% and 7.7% respectively over the past five days. Lucas and Luna dig into what's driving the divergence: Baidu's AI cloud revenue accelerating after the launch of its ERNIE 4.5 model, and NIO's surprise delivery beat in April that has investors re-rating its margins. They connect the moves to broader shifts in China's tech landscape — where regulatory easing is helping some, but consumer weakness is still dragging down e-commerce giants like Pinduoduo and JD. Plus, a look at the yuan holding…
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