BIDU is trading at $140.26 (-3.35%) after Beijing’s market regulator summoned the company and other platforms over irregularities in online train ticket sales.
- The summons addresses misleading practices and hidden add-on charges ahead of the peak Lunar New Year travel period.
- US-listed shares are extending losses from the Hong Kong session as the broader NASDAQ index declines 0.65%.
- No other major company-specific catalysts have been identified for the current session.