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World

Baidu share slide wipes $2.4 billion off market value amid speculation over Xi meeting

Reuters
Summary
Nutrition label

81% Informative

Hong Kong shares of Baidu plunged on Monday , wiping $2.4 billion off its market value.

The search engine giant was not spotted at a rare meeting between President Xi Jinping and corporate leaders.

The absence of a corporate leader can trigger speculation over a company's standing.

The meeting with Xi signalled the government's support for China 's technology sector.

VR Score

92

Informative language

98

Neutral language

82

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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