Fitch warned that Baidu could suffer reputational risk if any wealth management products sold by its subsidiary were to default or fail to meet target returns. Photo: Bloomberg

Fitch considers downgrading Baidu on growing shadow banking business

Topic |   Baidu

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Fitch warned that Baidu could suffer reputational risk if any wealth management products sold by its subsidiary were to default or fail to meet target returns. Photo: Bloomberg
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