Baidu - 500 Beiträge pro Seite

[FYWO]

Hallo!

Habe gelesen, dass Baidu, angeblich das zweitgrößte Internetportal Chinas und die sechstgrößte Internetseite der Welt an die NASDAQ kommen soll. In den USA wird Baidu schon als die "Google Chinas" gefeiert. Wer hat nähere Infos zu Baidu?

Gruß FYWO

[Mayra]

ich suche auch gerade Informationen über den Baidu Börsengang

[intrance]

hallo zusammen,

bin neu hier im forum.
verfolge auch schon seit einiger zeit die news bezüglich des baidu.com börsenganges.

auf www.nasdaq.com ist der IPO für den 05.08.2005 angekündigt.

hier ein link mit den bisherigen news:

http://www.finanznachrichten.de/suche/suchergebnis.asp?words…

bin gespannt. was denkt ihr ?

[lustigerbalu]

Kann Baidu eigentlich bei uns gezeichnet werden?

[intrance]

soweit ich weiss kommt man an die teile erst ran wenn sie gelistet sind. und dann nur über die NASDAQ

[intrance]

im net findet man kaum infos hierüber. dabei wird die aktie als "google chinas" bezeichnet.

in amiland wären alle heiss auf das teil. zumindest sind das die (spärlichen) gerüchte die man hört.

mir stellt sich die frage,

- wird google die beteiligung an baidu.com weiter ausbauen?
- wie wird sich das auf den kurs sowohl von baidu, als auch von google auswirken ?

[Mistral1978]

Auf Aktionär.de war zur vorrausichtlichen Bewertung von Baidu folgendes zu lesen:

...

Teuer, na und?

Auch die größte Internetsuchmaschine Chinas steht nun kurz vor dem Sprung an die Börse. Baidu will unternehmensnahen Kreisen zufolge mit einem Aufschlag im Vergleich zu anderen chinesischen Internetfirmen aufs Parkett stürmen, aber auch mit einem Discount gegenüber Google. Wenngleich nähere Details noch nicht bekannt sind, könnte Baidu 800 Millionen Dollar auf die Börsenwaage bringen - für eine Internetfirma, die im letzten Jahr 1,45 Millionen Dollar Nettogewinn bei Erlösen von 13,4 Millionen Dollar erwirtschaftete, auch ein stolzer Preis. Der US-Kontrahent wies zwar einen Umsatz von 3,2 Milliarden Dollar im letzten Jahr aus und wird in diesem Jahr vermutlich 3,6 Milliarden generieren, ist mit 83 Milliarden Dollar inzwischen aber auch der schwerste Medienkonzern der Welt.

...

Quelle:http://www.deraktionaer.de/xist4c/web/Baidu---Die-zweite-Goo…

Wie lange der Kapitalmarkt wohl noch solche Luftblasen begeistert aufnehmen wird?

[intrance]

die luftblase ist wohl schon vor dem IPO geplatzt. baidu hat ne klage am hals, und zwar saftig.

http://emfis.com/index.php?id=1&tx_asiabeitrag_pi1[showUid]=…

[intrance]

ups.. URL hat net gefunzt

hier nochmal eine übersicht

http://http://www.finanznachrichten.de/suche/suchergebnis.as…

[Mistral1978]

[posting]17.438.745 von intrance am 03.08.05 18:29:03[/posting]88 Millionen Euro Schadensersatzforderungen wegen Urheberrechtsverletzungen. Vielleicht begleicht die ja der große Bruder Google

[Mistral1978]

Auf den IPO-Fahrplan scheint das Ganze aber keinen Einfluß zu haben. Angebotsmenge und Preisspanne wurden sogar nochmal angehoben.

Baidu.com Raises IPO Size To 4.04 Million ADSs From 3.7 Million ADSs

08-03-05 04:35 PM EST
WASHINGTON -(Dow Jones)- Underwriters for Baidu.com Inc. on Wednesday boosted the size of the company`s pending initial public offering to 4.04 million American depositary shares from 3.7 million ADSs and raised the estimated price range to $23 to $25 per ADS from $19 to $21 per ADS.

The Chinese-language Internet search engine filed an IPO on June 12 and originally set the IPO terms on July 20.

The company will offer 3.2 million ADSs, up from previously announced 2.6 million ADSs, and shareholders will offer 831,706 ADSs, down from previously announced 1.09 million ADSs, according to an amended Form F-1 filed Wednesday with the Securities and Exchange Commission.

The underwriters, listed as Goldman Sachs (Asia) LLC, Credit Suisse First Boston and Piper Jaffray, have an option to purchase up to 481,304 additional ADSs from the company and 82,518 additional ADSs from certain selling shareholders to cover overallotments, the filing said.

Google Inc. (GOOG) holds about 2.6% of Baidu.com`s outstanding ordinary shares before the offering, but it isn`t listed as a selling shareholder in the registration.

Beijing-based Baidu.com said it plans to use the net proceeds from the IPO to expand its customer base and for general corporate purposes. The company said it won`t receive any proceeds from the sale of shares by the shareholders.

The company said its ADSs, each representing one Class A ordinary share, have been approved for listing on the Nasdaq National Market under the symbol BIDU.

-By Denise Jia, Dow Jones Newswires; 202-862-1359; [e-mail]

(END) Dow Jones Newswires

[intrance]

najo,

die zusätzliche kohle brauchen sie ja auch,
für die schadenersatzforderung

[Mistral1978]

Chinas Baidu.com hebt IPO-Preis nochmals an, Start heute

Friday, 05. Aug 2005, 07:15

Peking 05.08.05 (www.emfis.com)

Goldman Sachs teilte vor dem Börsesntart mit, dass Baidu.com seinen IPO Preis nochmals, jetzt auf 27 US-$ pro ADS, angehoben hat. Die erste Preisspanne lag zwischen 19 und 21 US-$ und wurde erst gestern auf 23 bis 25 US-$ angehoben. Insgesamt sollen 4,04 Millionen ADS an die Nasdaq gebracht werden, was nach dem neuen Preis dem Unternehmen 109 Millionen US-$ einbringen würde.

Das IPO soll heute statt finden. Gelistet wird das Unternehmen unter (BIDU).

http://www.finanznachrichten.de/suche/suchergebnis.asp?words…

[Mistral1978]

Bisher ist noch keine Preisfeststellung an der NASDAQ erkennbar.

IPO REPORT: Baidu.com IPO Heats Up For Debut

08-05-05 09:39 AM EST
NEW YORK (Dow Jones) - Chinese Web search engine Baidu.com priced above its increased range in a sign of a strong debut Friday as the initial public offering electrifies Wall Street.

Capturing some of the lightning that caused Google to nearly quadruple since its IPO last year, Baidu.com (BIDU) is kicking off at $27 a share, loftier than its $23-$25 estimated range.

Part of the big move up stems from the relatively small size of the deal. With only 4.04 million shares in the IPO and signs of interest from both retail and institutional investors, demand has been driving up the price.

"It`s going to be a fire drill when this thing opens," said Sal Morreale, an IPO trader at Cantor Fitzgerald.

Meanwhile, oil drilling specialist Dresser-Rand (DRC) weighed in at more than $500 million after adding shares to its IPO in a second strong debutante of the day.

On Wednesday, Baidu.com lifted its estimated price range from its earlier level of $19 to $21 and increased the size of the IPO to 4.04 million shares, from 3.6 million.

At its IPO price of $27 a share, the company raised $109 million with underwriters Goldman Sachs, Credit Suisse First Boston and Piper Jaffray.

Often compared to search firm Google, Baidu has only a small percentage of the revenue and net income that the Silicon Valley Internet firm did when it went public last year.

Yet it holds a bigger market share in China, the world`s most populous country growing at a fast clip.

At its $27 offer price, Baidu holds a total market capitalization of $898 million, about 42 times its trailing net revenue of $21.6 million, according to Renaissance Capital, which runs the IPO Plus Fund (IPOSX).

Google (GOOG) is valued at a trailing revenue multiple of 19 times and Yahoo ( YHOO) is valued at a multiple of 11 times.

While it carries a higher multiple, Baidu`s growth has been more rapid, with an estimated 185% increase in net revenue in its most recent quarter, double Google`s 98% growth rate and more than triple Yahoo`s 515 growth rate.

Google owns about 2.6% of the company.

"Despite a litany of longer-term risks, Baidu`s comparison with Internet search phenom Google has generated enormous buzz around this offering," Renaissance Capital said in its IPO of the Week column.

"For that reason, along with a small float and a valuation that many will view as attractive relative to Baidu`s perceived growth prospects, Baidu`s IPO debut is bound to be a success for those lucky few who can actually get shares at the offer price."

According to iResearch, the number of Internet search users in China is projected to grow from 115 million in 2005 to 187 million in 2007, as cited in Baidu`s IPO prospectus.

Total online marketing revenue in China would amount to approximately $130 million in 2004, according to a study by IDC.

"The paid search market is expected to be the fastest growing segment of online marketing in the Asia Pacific region (excluding Japan) through 2007," Baidu.com said in its IPO document.

Robin Yanhong Li, 37, who is chairman, chief executive officer and co-founder of the company, was formerly a staff engineer for Infoseek, a pioneer in the Internet search engine industry.

Li received a bachelor`s degree in information science from Peking University and a master`s degree in computer science from the State University of New York at Buffalo.

In the three months ending June 30, Baidu said its estimated revenue was $8.4 million, up 53% from the prior quarter, with net income of $1.5 million, up 384% from the prior quarter.

(END) Dow Jones Newswires

08-05-050939ET

[raggli]

53 euro in berlin, viel zu viel phantasie in dem preis, ist mir selbst für ein kurzes wellenreiten zu teuer,
schade

[Mistral1978]

Kurs an der NASDAQ liegt aktuell bei 100 USD. Das entspricht einer Marktkapitalisierung von 3,3 Mrd. USD bei 21,6 Mio USD Umsatz.

Da fehlen einem echt die Worte.

[Tefel]

Ohne Worte !

[Tefel]

Gibt es schon pUts??

[Mistral1978]

[posting]17.463.911 von Tefel am 05.08.05 19:55:02[/posting]Glaub ich nicht, aber man kann sie bestimmt shorten.

Allerdings kennt sie momentan kein Halten mehr - 114 $

[Mistral1978]

Und so stellt sich der 1.Handelstag von Baidu dar. Die Amis sind anscheinend absolut heiss auf das Teil

[Mistral1978]

One-Day Wonder

A Bubble in Beijing?
By Lawrence Carrel Published: August 5, 2005

HOW DO YOU SAY GOOGLE (GOOG) in Chinese? Baidu.com (BIDU).
Shares of China`s No. 1 search engine rocketed 354% to $122.54 Friday in Baidu.com`s initial public offering. The company`s 4.04 million American depositary shares priced at $27 each late Thursday, raising a total of $109.1 million, but explosive demand for a piece of the web site that has drawn comparisons to its Silicon Valley counterpart sent the stock nearly five times higher. The steep appreciation immediately raised questions about whether Baidu.com, which is significantly smaller than Google, deserves such a rich valuation.

"I think the stock`s rise is outrageous," says Fariborz Ghadar, director of the Center for Global Business Studies at Penn State University. "This is another one of those bubbles. At the $27 offer price it was trading at 64 times sales. Even though its sales tripled last year, that doesn`t justify a 64 price-to-sales ratio." (Ghadar doesn`t own shares of Baidu.com.)

Baidu.com`s final offering price was above Wednesday`s range of $23 to $25, and that range had already been boosted from $19 to $21. Based on first-day performances, Friday`s meteoric climb makes Baidu.com far and away the best IPO of 2005, the second-best foreign IPO ever and one of the top-20 of all time, according to Thomson Financial. Google`s stock debuted on Aug. 19 at $85 and ended its initial trading session at $110.34; shares now change hands at $292.35.

"It`s a tsunami of retail interest," says Francis Gaskin, editor of Los Angeles research firm IPOdesktop.com. "The guys doing the pricing priced it for the fund market and they didn`t realize the huge wave of retail interest. And the retail investors don`t have a clue about the valuation." Goldman Sachs, Credit Suisse First Boston and Piper Jaffray underwrote the offering. (Gaskin doesn`t own shares of Baidu.com; IPOdesktop.com doesn`t have an investment-banking relationship with the company.)

Five-year-old Baidu.com was the most frequently used search engine in China in 2004, according to a survey conducted by iResearch, a research firm specializing in China`s Internet industry. As of July 31, Baidu.com was the second-largest web site in China and the sixth-largest web site globally, as measured by user traffic, according to Alexa.com, an Internet research firm.

As they used to say in the dot-com era, Baidu.com has managed to monetize those eyeballs too. Net revenues have grown ten-fold over the past two years, to $13.4 million in 2004 from $1.3 million in 2002, for a compound annual growth rate of 225%. For the March quarter, the company posted a profit of $300,000 on sales of $5.2 million. As for the June quarter, Baidu.com estimates net income surging 384% over the previous quarter to $1.5 million, and revenues up 53% sequentially to $8.4 million. The growth is enough to impress even Google, which has a 2.4% stake in Baidu.com.

"The fact that Google has an ownership stake and the fact that Baidu.com didn`t sell out to Google when it showed interest was a big deal and raised its profile," says Ling Liu, vice president at Cathay Funds, a private equity fund dedicated to investing in China. (Liu doesn`t own shares of Baidu.com; Cathay Funds com doesn`t have an investment-banking relationship with the company.)

Baidu.com`s success signals that investors are buying into the online potential of China. IResearch predicts the number of Internet search users in China will grow at an annual rate of 27.5% to 187 million in 2007, from 115 million in 2005. In 2004, there were 84 million users.

But while promising, China has a long way to go before it catches up with the U.S. — a reality that raises questions about the worth of Baidu.com. Including 28 million in Class B shares, the company now has a market capitalization of $3.92 billion vs. Google`s $83.97 billion.

"The whole online e-commerce market in China last year was $130 million," says IPOdesktop.com`s Gaskin. "So, [Baidu.com`s market cap] is approaching 30 times the entire market in 2004. And it`s just a regional market. Chinese is not the international language. People are buying the story that it`s the second largest web site in China`s growing market. But they forget it`s very much a one-country wonder."

During Gaskin`s unscientific research, he asked Chinese reporters if they used Baidu.com. Most said "yes," but that they like Google better because it has fewer ads. Google introduced a Chinese language interface in September 2000.

Renaissance Capital, an independent research firm in Greenwich, Conn., points out several key differences between Baidu.com and Google. Compared with Google`s direct sales model, Baidu.com relies heavily on a network of more than 200 regional distributors for sales, billing and collections. While this common practice in China has enabled Baidu.com to grow its advertiser base rapidly, none of these arrangements are long-term and many are non-exclusive. China`s regulatory landscape with respect to Internet services is also an issue. Censorship is common and the Chinese government is continuously modifying and/or enacting laws that can have a major impact on an emerging industry such as Internet search, says Renaissance.

Baidu.com also generates an estimated 21% of its user traffic from MP3 searches, many of which are illegal. This exposes the company to potential copyright-infringement claims, especially if there is an industry crackdown in China on the piracy of music, adds Renaissance. In June, Shanghai Busheng Music Culture Media sued Baidu.com, alleging the company allowed the unauthorized downloads of 53 songs. Beijing New Picture Film, copyright owner of "House of Flying Daggers,`` also sued charging that Baidu.com allowed users to download the movie for a fee.

Quote:
"It`s a speculative fever right now," says Raymond Lin, portfolio manager with Tricera Capital, a San Francisco hedge fund specializing in Asian markets. "It doesn`t make any sense. But as we saw in previous bubbles, that doesn`t mean it can`t keep going and make people money in the short term as they profit off of the greater fool. But if you`re a long-term trader looking for valuation and the worth of the business based on its general future profits and cash flows, this is a ridiculous price. People might latch onto Google owning a stake, but they got it for less than $10 a share. At the end of the day, what is the price relative to the profit it will generate in the future? The current valuation is way ahead of the most optimistic assumptions." (Lin doesn`t own shares of Baidu.com; Tricera Capital doesn`t have an investment-banking relationship with the company.)

http://www.smartmoney.com/onedaywonder/index.cfm?story=20050…

[Sparkassenberater]

Suche Optionsschein auf Baidu.com wer kann mir helfen???