Srikanth is currently ranked ninth among men in the world, while Rio Olympics silver medalist Sindhu is ranked second among the women.
PV Sindhu defeated Thailand's Nitchaon Jindapol 21-15 13-21 21-17 while Sameer Verma got the better of Suppanyu Avihingsanon 21-17 21-14.
Sindhu finished second best in the last edition after her gallant fight ended in agony against world no 1 Tai Tzu Ying.
It was Sindhu's third loss to Bingjiao, who had defeated her at the Indonesia Open and French Open in July and October this year.
Sindhu stamped her authority with a 21-12, 21-15 win over Thailand's Busanan Ongbamrungphan in the second round.
The Olympic silver medallist registered an easy 21-13, 21-19 win in a match that lasted less than 30 minutes.
Third seed Sindhu looked a pale shadow of herself as she lost 13-21, 16-21 in 40 minutes against seventh seed He Bingjiao of China.
Praneeth was no match for Asian Games champion Jonatan Christie of Indonesia, going down 16-21, 14-21 in a men's singles match.
Sindhu, who is currently competing at the French Open in Paris, jumped one spot to stay one spot behind Chinese Taipei's Tai Tzu Ying, who continues to dominate the rankings.
By virtue of this win, Sindhu has managed to break her hat-trick of losses against the American and equalled the head-to-head record at 3-3.
Third seed Sindhu lost 17-21 21-16 18-21 to Zhang in a hard-fought opening encounter that lasted 56 minutes.
#MeToo in Sports: A long time coming
Sindhu's badminton colleague Jwala Gutta on Tuesday without giving any names, alleged mental harassment by a coach.
Top shuttlers including Olympic medallists PV Sindhu, Saina Nehwal, world champion Carolina Marin and former world no 1 Victor Axelsen will headline the players' auction.
Ranveer Singh and PV Sindhu were felicitated at Forbes' Tycoons for Tomorrow on Tuesday in Mumbai.
Third seed Sindhu bounced back after losing a close first game to record a 21-23, 21-13, 21-18 win in her second round women's singles match.
The third-seeded PV Sindhu defeated World No. 39 Saena Kawakami of Japan 21-15, 21-13 in the opening round at the Olympic Sports Center Xincheng Gymnasium.
Sindhu, who has endured a hectic BWF season reaching five finals including three majors at CWG, World Championship and Asian Games, seemed mentally drained as errors crept into her game.
Sindhu had to sweat it out for 53 minutes before prevailing 21-17 7-21 21-13 over unseeded local girl Sayaka Takahashi in her women's singles opening round.
Among the men, Kidambi Srikanth and HS Prannoy will look to get over the disappointing campaigns in the World championship and the Asian Games.
Live Scorecard
Top News
Latest News
