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BIDU crashes, down over $8

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decline_6 January 14, 2014 (Chinavestor) Chinese stocks fell along the Dow on Monday. It's hard to find a stock that advanced. Among those are Ctrip.com (NASDAQ:CTRP), an oversold stock from prior days trading. Aluminum Corp. of China (NYSE:ACH), a stock that rose 7% in HK Monday morning failed to gain traction on the NYSE on Monday.



Big looser of the day is Baidu.com Inc. (NASDAQ:BIDU). China's search engine giant fell over $8 on Monday, far outperforming the rest of the sector. NetEase.com Inc. (NASDAQ:NTES), Sina Corp. (NASDAQ:SINA) and other tech stocks followed closely.

Petrochina Co. (NYSE:PTR) was also a stock on the slide followed by CNOOC Ltd. (NYSE:CEO). These stocks are two heavy hitters from the energy industry. Altogether technology and energy stocks suffered the most.  See chart below for details.

mover_20140113



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