The Zhitong Finance App learned that Qianbaidu (01028) rose by more than 5%. As of press release, it had risen 5.14% to HK$1.125, with a turnover of HK$3.840,700.

According to the news, Baidu is making a profit. It is expected to obtain net profit attributable to equity holders of about RMB 7 million in the six months ending June 30, 2026, and a net loss attributable to equity holders of about RMB 142 million in the same period last year. The anticipated change in loss to profit during the period is mainly due to the fact that impairment provisions for trade debts owed by Miramar Enterprise (Nanjing) Co., Ltd. were not repeated during the review period; and that the Group strengthened and optimized its internal organizational structure for the footwear business and made major adjustments to stores that continued to perform poorly or lose money, thereby improving overall operating performance during the review period.

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