Baidu’s revenues up, profit down in Q2

Beijing, 19th August: Earlier this week, Baidu, the leading Chinese language Internet search provider, released its financial results for the quarter ended 30th June 2019. Revenues in the quarter were US$3.8 billion, a moderate increase of 1.4% year-on-year. However, excluding revenues from its divested businesses, Global DU and Du Xiaoman, the revenue increase was 6.0%. Net income in the quarter dropped 62% compared with the second quarter of 2018, down to US$351 million.

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HKCEC posts record attendance in FY2018/19

Hong Kong, 16th August: In its previous financial year running from July 2018 to June 2019, the Hong Kong Convention and Exhibition Centre (HKCEC) announced that it hosted a total of 1,000 events, including 119 exhibitions, 159 conferences and hundreds of corporate meetings, banquets and entertainment events. The venue welcomed a record 8.5+ million visitors during the year, including exhibitors, trade buyers, conference and meeting delegates, other event visitors, banquet guests and restaurant customers.

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