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Banks’ Lending Rates Major Impact on Chinese Stocks: Baidu.com, Qihoo 360 Technology, Sohu.com, Shanda Games, Renren, Dangdang, Giant Interactive, Hanwha Solarone, YY Inc
China on Monday detached a floor on banks’ lending rates and Japan’s ruling government recovered control of the parliament’s upper house, increasing expects for additional reforms in both economies. Baidu.com, Inc. (ADR) (NASDAQ:BIDU)’s hold on the Internet in China, anywhere it handles over 80% of online queries, is strengthen the nation’s second-and third-largest search engines…