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Baidu Inc

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Baidu Q2 Shares Drop 13% on Weak Ads

Baidu's shares fell 13% to HK$87.95, a near one‑year low, after Q2 results missed market expectations. Q2 non‑GAAP net income was CNY2.6 bn, 16% below the CNY3.1 bn consensus, and revenue reached CNY3