4 Hard-Hit Chinese Small Caps With Reasons For Recovery

By Vatalyst: Baidu's (BIDU) shares now trade just barely above their 52-week low.

By Sneha Shah:Baidu (BIDU) is the leading search engine in China and has grown at an eye popping pace since inception. The company has benefited greatly from the implicit barriers that the Chinese government puts up against foreign companies. Google (GOOG) was forced to abandon one of the richest Internet markets because of Chinese censorship policies.

By Trade In Mexico:Baidu, Inc.'s (BIDU) shares now trade just slightly above their 52-week low. Like many China-based companies, the shares have been hit by a weak Chinese stock market, slowing economic data, as well as concerns that a competing search engine by QIHOO 360 Technology Co.

By Mazen Abdallah:Apple (AAPL) is recently reported as tagging Baidu (BIDU) as its default search engine on a number of devices, including the ever popular iPad and iPhone.

Xiaofan Zhang submits: Expecting strong Q1 results and Q2 guidance. Chinese search engine Baidu.com (BIDU) is reporting 1Q10 results on April 28. For the quarter, I estimate Baidu generated $183 million revenue and $1.57 GAAP EPS, above management guidance of $176-181 million.

Xiaofan Zhang submits: Baidu (BIDU) is the leader in the Chinese Internet search market.

Xiaofan Zhang submits: Expecting strong Q2 results. Chinese search engine operator Baidu (BIDU) will report 2Q10 results on July 21 after market close. For the quarter, I estimate Baidu generated $280 million revenue (up 48% Q/Q) and $0.33 GAAP EPS, significantly above management guidance of $268.1-274.0 million and consensus of $271.4 million.

Bret Jensen submits:It has been an interesting last two trading sessions in the market, with the S&P off over 4.5% during this time period. Both Friday’s and yesterday’s market action were concluded with late day selling seeing the average end at session lows. This obviously is not a bullish sign. Neither is crashing through the “flash crash” low of 1066.