Macquarie's Shao Expects `Healthy' Results From Baidu

Macquarie's Shao Expects `Healthy' Results From Baidu

April 24 (Bloomberg) -- Jiong Shao, head of China strategy at Macquarie Securities in Hong Kong, talks about the outlook for China's Internet companies Baidu Inc. and Alibaba.com Ltd. Alibaba.com, the unit of China's biggest e-commerce company that's under a buyout offer, reported its smallest quarterly profit in two years after selling fewer website subscriptions to exporters. Shao speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)
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