BIDU-SW Bounces at Most by 7%; AI Concept Stocks Rise Generally by 2%-7%

Blue chip $BIDU-SW (09888.HK)$ , which has its target price raised to HKD170 and Outperform rating reaffirmed by Macquarie, has re-crossed the 50-day MA(HKD137.5) this morning after yesterday's retreat with the market, rebounding 7.2% at most to peak at HKD138.3. It is trading now at HKD136.8, up 6%.

For AI concept stocks, $YIDU TECH (02158.HK)$ which ended its consecutive days of decline, surpassing the 250-day MA (HKD7.29) to high at HKD7.49. It is trading now at HKD7.33 for a raise of 7%. $MEITU (01357.HK)$ ended its three-day losing streak, reaching a high of HKD2.63, and trades now at HKD2.54, up 5.8%.