89888 BIDU-SWR
- 82.900
- -1.250-1.49%
BIDU-SWR News
Hong Kong Shares Rebound 2.9% Amid Positive Sentiment
Hong Kong's Hang Seng Index extended early gains to close 2.9% higher at 18430.39. There could be some optimism among investors that more may be done by the Chinese authorities in 2H, IG market strate
IDC: The shipment volume of wearable devices in China in the first quarter was 33.67 million units, an increase of 36.2% year-on-year.
According to the latest quarterly tracking report on the Chinese wearable device market released by IDC, the shipment volume of the Chinese wearable device market in the first quarter of 2024 was 33.67 million units, an increase of 36.2% year-on-year. With the increase in sales volume, the market's shipment pace has clearly accelerated.
China PBOC Keeps Key Policy Rates Steady
China's central bank kept its key policy rates unchanged on Monday, indicating a likely hold on the benchmark lending rate later this month. The People's Bank of China provided 182 billion yuan ($25.0
Market Chatter: Baidu's GenAI Products Top Performance Benchmarks in IDC Study
A recent study by market research firm International Data Corporation (IDC) found that generative artificial intelligence (GenAI) products from Chinese tech giant Baidu (HKG:9888) performed well in va
IDC: China's financial cloud market is expected to reach 4.72 billion US dollars in the second half of 2023, with a year-on-year growth rate of 2.1%.
According to the latest "China Financial Cloud Market (2023 H2) Tracking" report released by IDC, the scale of China's financial cloud market reached $4.72 billion in the second half of 2023, a year-on-year increase of 2.1% (calculated in RMB, it was 34.06 billion yuan, a year-on-year increase of 5.6%).
The Zephirin Group Adjusts Baidu's Price Target to HK$114 From HK$122, Keeps at Buy-Medium Risk
02:45 AM EDT, 06/12/2024 (MT Newswires) -- The Zephirin Group Adjusts Baidu's Price Target to HK$114 From HK$122, Keeps at Buy-Medium Risk Price (HKD): $91.95, Change: $-0.80, Percent Change: -0.86%
Express News | Tesla Inc Delivers Software Upgrade to Users in China With Baidu's Lane-Level Navigation Map Added - State Media
Hang Seng Index Likely to Consolidate Between 18500-20000 Near Term
0642 GMT - Hong Kong's Hang Seng Index is likely to consolidate between 18500 and 20000 in the near term, according to CCB International analysts Cliff Zhao and Wilson Zou in a research note. They say
Hong Kong stock concept tracking | Bullish! Four departments carry out Asia vets intelligent networked vehicle on-road pilot, focusing on these enterprises(concept stocks attached).
According to Asia Vets' research reports, the gradual implementation of L3 automated driving tests is expected to promote further iteration of advanced intelligent driving.
China Stocks' Rally Sustainability to Hinge on Policy Delivery: Goldman
Kinger Lau, chief China equity strategy at Goldman Sachs, discusses the outlook for the nation's stocks and the opportunities he sees. He speaks on "Bloomberg: The China Show."
SciNet shares, Pusheng Ali Health (00241), rose 12.05%, and UBS's views on Chinese stocks turned positive, favoring Technet stocks, etc.
Jinwu Financial News | SciNet stocks rose 12.05%, JD Health (06618) rose 5.15%, Shell (02423) rose 2.5%, Baidu (09888) rose 1.22%, followed by Tencent (00700), Bilili (09626), and Alibaba (09988).
Damo: Baidu Group-SW (09888), Alibaba-SW (09988), and Tencent Holdings (00700) cloud business revenue is expected to benefit from large-scale language model price reductions
Damo expects Alibaba Cloud revenue growth to accelerate again to double digits in the second half of the 2025 fiscal year.
The “milestone moment” of AI regulation has arrived! EU officially approves AI regulations
On Tuesday, the European Union officially approved a critical AI regulation reached in December last year. This “landmark” AI regulation standard and regulation for global AI regulation will come into effect next month.
[Broker Focus] Dongwu Securities maintains Baidu Group's (09888) “buy” rating, indicating that the overall advertising business is still under pressure in the short term
Jinwu Financial News | According to Dongwu Securities Research Report, Baidu Group (09888) Q1 revenue met market expectations, and adjusted net profit exceeded market expectations. According to the bank, operational optimization drove Baidu's core performance to exceed expectations, and investment in AI had limited impact on profit margins. The short-term pressure on the advertising business is mainly affected by the weak intention of advertisers in real estate and upstream and downstream related industries, yet AI technology continues to improve the user experience. According to the bank, considering that the overall advertising business is still under pressure in the short term, but the company's operating efficiency continues to be optimized, the bank changed the company's revenue forecast for 2024-2026 from 1396/1500/1585
Li Yanhong is one step ahead of Musk
Commercialization is accelerating.
On the first anniversary of AI restructuring, Baidu broke into the deep water zone
What kind of report card did Baidu hand over?
Baidu (09888) rose nearly 4% after performance, adjusted net profit increased 22% in the first quarter, core revenue increased 4%
Jinwu Financial News | Baidu (09888) fluctuated higher at the beginning of the session. At the end of the press release, it rose 3.78% to HK$112.5, with a turnover of HK$476 million. The company announced that in the first quarter of 2024, net profit attributable to Baidu was recorded at 5.448 billion yuan (RMB, same below), a year-on-year decrease of 9% and a quarterly increase of 110%; basic income per common share was 1.87 yuan, and basic income per American depository share was 14.97 yuan. Adjusted net profit of $7.011 billion, up 22% year over year, down 10% quarter on quarter; adjusted diluted income per American depository share was $19.91. Total revenue record for the period
Changes in Hong Kong stocks | Baidu Group - SW (09888) rose nearly 5% after results, net profit increased 22% year-on-year in the first quarter, and the smart cloud business continued to grow
Baidu Group - SW (09888) rose nearly 5% after the results. As of press release, it rose 4.06% to HK$112.8, with a turnover of HK$348 million.
Baidu Q1 Net Income Drops 6% Despite Slightly Higher Revenue
Baidu (HKG:9888) reported net income of 5.45 billion yuan for the first quarter, a 6% decline from the 5.83 billion yuan in the same quarter in the prior year, according to a Thursday filing on the Hong Kong bourse.
[Broker Focus] BOC International slightly cuts Baidu's (09888) target price to HK$128, indicating that advertising is under pressure in the short term
Jinwu Financial News | According to BOC International Development Research Report, Baidu (09888)'s total revenue for the first quarter of 2024 was 31.5 billion yuan (RMB, same below), an increase of 1% over the previous year, in line with the bank/unanimous expectations. Adjusted net profit of $7 billion, corresponding to a net profit margin of 22%, an increase of 4 percentage points over the previous year, significantly exceeding the bank/agreed expectations of 16%/27%, thanks to continued focus on optimizing operational efficiency and allocating strategic resources to the core business. According to the bank, Baidu's core revenue was 23.8 billion yuan, up 4% year on year, adjusted operating profit increased 4%, and the corresponding profit margin was 23%, which was the same as the previous month. 1) Advertising revenue increased by 3%, medium and small
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