The Robotaxi Fleet Race Heats up With Tesla, Waymo, Zoox, Uber, Lyft, and BYD in the Mix
Hong Kong stocks can't stop falling.
Will it be a safe haven for global capital?
Board of directors meeting of c.banner (01028.HK) was held on August 29th to consider and approve mid-term performance.
c.banner (01028.HK) announced that the board of directors will hold a meeting on Thursday, August 29, 2024 to consider and approve the company and its subsidiaries' mid-term performance as of June 2024 and its release, including considering the distribution of mid-term dividends (if any).
Ningxia Building Materials Group (600449.SH): Baidu has reserved upgrade support for vehicle networking technology during the upgrade and compatibility reservation of the 'I'm looking for a car' platform.
Ningxia Building Materials Group (600449.SH) stated on the investor interaction platform on August 8 that the company has equipped and used remote management vehicle-mounted intelligent terminal devices for its self-operated vehicle fleet. The research on self-driving cars and intelligent storage yards is still in progress. Baidu has reserved support for upgrading vehicle networking technology for the upgrade of its “I’m looking for a car” platform.
Baidu Inc. (BIDU) Increases Yet Falls Behind Market: What Investors Need to Know
Brokerage Everbright Securities maintains a "buy" rating for Baidu Group (09888), expecting the positive effect of AI business on valuation to be reflected in the following quarters.
Everbright Securities issued a research report that Baidu Group's Apollo Go 24Q1 has operated in 10 cities and had a quarterly volume of 0.83 million. It has a good advantage of being the first mover. It is expected to achieve the UE balance target in Wuhan in 24Q2: 1) The fully-automated ratio is expected to approach 100%, significantly reducing labor costs; 2) It plans to deploy 1000 RT6 (costing 0.2046 million yuan) as soon as possible to effectively reduce operating costs. After achieving unit economic balance in Wuhan, increasing order volume and reducing vehicle operating costs are the core factors for successful replication in other areas. Baidu.
E-commerce Stocks Tumble in Sympathy With Global Market Rout, Recession Outlook Gains Traction
Trending Industry Today: Snap Inc Leads Losses Pre-Market In Facial Recognition Stocks
China Transinfo Technology (002373.SZ) has conducted in-depth cooperation with companies in Jing-Jin-Ji, such as Baidu, Luobo Yunli, Daimler, Ideal, Great Wall, Xiaomi, and Jidu.
China Transinfo Technology (002373.SZ) stated on the investor platform on August 5th that its subsidiary, the Beijing Peking Intelligent Vehicle Networking Industry Innovation Center (hereinafter referred to as the Innovation Center), on the basis of supporting the policy testing work of self-driving vehicle in Beijing and Yizhuang, vigorously expands the research and development, testing and certification of self-driving and intelligent networked products, and conducts in-depth cooperation with Jing-Jin-Ji enterprises such as Baidu, Robo-Taxi, Daimler, Ideal, Great Wall, Xiaomi, and Jidou, expanding its market-oriented service capabilities in testing and certification of self-driving autos.
Before Tesla entered the game, Luobu Kuaipao provoked domestic robotaxi competition | Jianzhi Research.
The domestic Robotaxi is gradually forming a dual competition pattern between internet-related companies and travel service companies.
Wall Street Analysts Think Baidu Inc. (BIDU) Is a Good Investment: Is It?
Baidu Is Maintained at Buy by Benchmark
Baidu Analyst Ratings
Benchmark Co. Maintains Baidu(BIDU.US) With Buy Rating, Cuts Target Price to $135
Unusual Options Activity: RDDT, BIDU and Others Attract Market Bets, RDDT V/OI Ratio Reaches 131.1
Streamax Technology (002970.SZ): There is no business cooperation with baidu.
Streamax Technology (002970.SZ) stated on the investor interaction platform on July 30 that the company currently has no business cooperation with Baidu.
China Unlikely to Consider Wider Rethink of Policy Direction
Breaking News: Hang Seng Index fell 1.03%, technology index fell 1.4%, with network technology stocks rising and falling.
On July 30th, the US stock market closed mixed. The market is preparing for non-farm employment data and financial reports from tech giants such as Microsoft, Apple, Amazon, and Meta Platforms. The Federal Reserve will announce the latest monetary policy decision this week. Today, the three major Hong Kong stock indexes opened collectively lower, with the Hang Seng Index falling 0.26% to 17,194.37 points, the Hang Seng Technology Index falling 0.06%, and the Hang Seng China Enterprises Index falling 0.25%. On the market, network technology stocks fluctuated up and down, Baidu rose 1%, Tencent and Xiaomi fell 0.7%; auto stocks fell more than rose, Great Wall Motor fell 1%, and Li Auto Inc rose more than 1%; mainland real estate stocks rose more than fell.
Guoguang Electric (002045.SZ): currently has no products applied to Baidu's Luobo Kuai Pao.
Guoguang Electric (002045.SZ) stated on the investor interaction platform on July 29th that we currently do not have any products applied to Baidu's Luobo Kuaipao.
What Is It Like to Ride in China's AI-driven Robotaxi?
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