An index of US-listed Chinese stocks, including Baidu Inc., experienced a significant rally on October 14, 2025, driven by renewed optimism surrounding US-China trade negotiations. The index saw a 3.2% increase, with technology giants like Baidu and Alibaba Group Holding Ltd. leading the gains. This positive market reaction follows a period of volatility for Chinese equities, which had been negatively impacted by escalating trade tensions and threats of new tariffs in the preceding days.