Baidu | Analyst Coverage

Firm	Analyst
Bernstein Research	Jeffrey Lindsay
CICC	Yu Jin
Citigroup	Catherine Leung
CLSA	Elinor Leung
Credit Suisse	Wallace Cheung
Deutsche Bank	Alan Hellawell
Goldman Sachs	James Mitchell
Guotai Junan	Jake Li
HSBC	Tucker Grinnan
IIR Group	Prateet Champawat
JP Morgan	Dick Wei
Main First	Eric Wen
Majestic Research	John Aiken
Merrill Lynch	Eddie Leung
Morgan Stanley	Richard Ji
Nomura	Jin Yoon
Oppenheimer & Co.	Paul Keung
Pacific Crest	Steve Weinstein
Pali Research	Tian Hou
Ping An Securities Company Ltd	Zhongzhi Li
Piper Jaffray	Gene Munster
RBC Capital Markets Corporation	Stephen Ju
RBS	Wendy Huang
SIG	C. Ming Zhao
UBS	Welin Li
Wlliam Blair & Company	Troy Mastin

Baidu is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Baidu's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Baidu or its management. Baidu does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.