Moody's: Affirms Baidu Group (09888.HK) "A3" issuer rating, outlook adjusted to "negative"

On September 24, Moody's affirmed Baidu, Inc.'s (Baidu Group, 09888.HK, BIDU.US) "A3" issuer rating and senior unsecured rating. At the same time, Moody's changed the rating outlook from stable to negative.