Baidu's shares broke $ 200 the first reason behind

 U.S. Eastern Time on July 10 (Beijing time on July 11) news, Baidu (BADU.NASDAQ) shares on Tuesday for the first time broke the 200 dollar mark, up to $ 206.48 on the probe, setting a new high since listing. Today's close, the stock price to $ 212.84! Baidu's shares hit a record high!
What causes it? causes of the increased price, usually not very good, said. which have a direct cause, but also indirect causes.
main direct cause of the following two aspects:
First: mainly U.S. investors bullish on the Chinese Internet market. just Baidu, other Internet companies have gone up. According to the NASDAQ listed Chinese Internet stocks rose gratifying, in which Baidu rose to 73.87% of the top of the list, Sina (SINA.NASDAQ),UGG shoes, Sohu (SOHU.NASDAQ) and other companies have more than 30% since the beginning of the increase, far outperforming the Nasdaq index (11.7%).
Second: Baidu investors may be forthcoming more optimistic about second quarter earnings.
indirectly, the following three main reasons:
first : to benefit from the rapid growth of China's advertising industry, the 2008 Beijing Olympics will be a catalyst to promote the Chinese Internet stocks continue to rise.
Second: the domestic A-share market had gone up so much, but the Nasdaq market simmer in the stock that has not been all up,UGG boots clearance, not normal ah. Internet in fact is just a manifestation of the traditional economy, traditional economy will drive the Internet more often fiery hot. but the traditional economy are in the domestic A share market,UGG boots cheap, and Internet companies mostly in the overseas listing.
Third: the revival of commerce is also an important reason. e-commerce development,Bailey UGG boots, and there are more small and medium enterprises will turn to online trading, there will be more companies will have a website, use PPC promotion of more clients. (Author: Liu Xingliang)