Shares of Baidu ( BIDU 9.13%) charged sharply higher on Tuesday, surging as much as 9%. As of 12:46 p.m. ET, the stock was still up 8.5%. The catalyst that sent the Chinese tech giant higher was a high-profile partnership for its self-driving car platform.

Chinese tech stocks surged on Wednesday following the U.S. government's decision to lift certain semiconductor export restrictions to China.

Asian sales of bonds that can be turned into shares have soared in 2025, heading toward multiyear highs, as interest rates remain elevated and rallying stocks create the right conditions for this corner of the market to thrive.

Uber and China's Baidu will partner to deploy thousands of Baidu’s Apollo Go autonomous vehicles on the Uber platform across several global markets outside the United States and mainland China, the companies said on Tuesday.

Alibaba stock, JD.com, Baidu and Tencent rise after China reported mixed economic data for the second quarter.