Baidu Inc. — Moody’s Baidu’s A3 ratings unaffected by moderate 1H 2019 results

Moody’s Investors Service says that Baidu Inc.’s modest 1H 2019 results will not immediately affect its A3 issuer or senior unsecured ratings, or the positive outlook on the ratings. “During Q2 2019, Baidu demonstrated its ability to prudently manage its investment needs and stabilize cash flow,” says Lina Choi, a Moody’s Senior Vice President.

source https://finance.yahoo.com/m/21f17591-96a2-38ac-8ed8-878ce25392bf/baidu-inc.-moody%27s-baidu%27s.html?.tsrc=rss

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