BIDU240712P102000
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Baidu Newsroom
Shares of Chinese Stocks Are Trading Higher Following an Increase in China's June Exports.
Shares of Chinese Stocks Are Trading Higher Following an Increase in China's June Exports.
Jiangling Motors Corporation (000550.SZ) currently has no cooperation with baidu in self-driving cars.
On July 12th, Gelunhui reported that an investor asked Jiangling Motors Corporation (000550.SZ) on the investor interaction platform, "Does the sixth generation self-driving car that cooperates with Luobu Kuaipao participate in revenue sharing?" The company replied that they currently have no cooperation with Baidu in self-driving cars.
Baidu's Apollo Go Progress in Wuhan Drives Strong Buy Recommendation
Analyst Julia Pan of UOB Kay Hian maintained a Buy rating on Baidu, Inc. Class A (9888 – Research Report), with a price target of HK$126.00.
Gosuncn Technology Group (300098.SZ) has not cooperated with Baidu in the business of Carrots Running.
On July 12th, Gelunhui reported that Gosuncn Technology Group (300098.SZ) stated on the investor interaction platform that the company did not cooperate with Baidu in the Luobo Kuaipao business. Since 2019, the company has a series of C-V2X products covering the vehicle end, road end, and cloud end in the field of vehicle-road coordination. It actively participates in the pilot construction of smart connected vehicle pilot zones and demonstration zones in many regions such as Guangdong, Sichuan, Jiangsu, Henan, Hunan, and Tianjin. It has implemented multiple projects such as smart public transportation, intelligent connected vehicle testing grounds, and smart intersections.
BAIC Bluepark New Energy Technology (600733.SH): has completed the delivery of nearly a thousand units around Baidu's fifth-generation shared autonomous vehicles.
On July 12th, Geely Holdings disclosed the investor relations activity record of BAIC BluePark New Energy Technology (600733.SH), showing that in April 2021, the company signed a joint technology development agreement with the Baidu Apollo Intelligent Driving Business Unit. Based on the BAIC Jiuhu Alpha T model, equipped with Baidu's latest shared autonomous driving software and hardware technology, the two parties jointly completed the research and development of Baidu's fifth-generation Robotaxi product, Apollo Moon. The company has delivered nearly a thousand vehicles around Baidu's fifth-generation shared autonomous driving vehicles, mainly in Wuhan, Beijing, and Guangzhou, and the two parties will work together to ensure the self-driving vehicles are safe.
Market Chatter: Baidu CEO's Life Sciences Company Concludes Another Round of Financing
Life sciences and artificial intelligence company BioMap, founded by Baidu (HKG:9888) Chief Executive Officer Robin Li, concluded another round of financing, Yicai Global reported Thursday.The news
Weifeng Electronics (301328.SZ): No business dealings with baidu.
On July 12th, GeLongHui reported that Weifeng Electronics (301328.SZ) stated on their investor platform that they have no business interactions with Baidu.
[Brokerage Focus] Tianfeng Securities maintains a 'buy' rating on Baidu (09888), expecting the Wenshen ecological cloud business to empower new opportunities in the business.
Tianfeng Securities released research reports stating that Baidu Q1 2024 core revenue was 23.8 billion yuan, a YoY growth of 3.5%, of which online marketing revenue was 17.1 billion yuan, a YoY growth of 3%. The main reason for the unexpected performance was that the macroeconomic recovery was not as expected, and the visibility of advertising clients' improvements was limited. The bank expects online marketing revenue to remain basically stable in the next few quarters. The company announced its cooperation with Samsung and Honor smart phones and joined Oppo, Vivo, Xiaomi and other smart phone manufacturers, as well as Lenovo and Nio Inc in Q4 2023.
Baidu Options Spot-On: On July 11th, 219.7K Contracts Were Traded, With 486.92K Open Interest
On July 11th ET, $Baidu(BIDU.US)$ had active options trading, with a total trading volume of 219.7K options for the day, of which put options accounted for 15.8% of the total transactions, and call
BofA Securities Maintains Baidu(BIDU.US) With Buy Rating, Maintains Target Price $140
BofA Securities analyst Miranda Zhuang maintains $Baidu(BIDU.US)$ with a buy rating, and maintains the target price at $140.According to TipRanks data, the analyst has a success rate of 27.0% and a
Asian Tech, Chipmaking Stocks Rise as TSMC Spurs AI Cheer
Technology stocks in Asia rose on Thursday, with chipmakers in the lead as strong monthly revenue figures from TSMC drummed up optimism over artificial intelligence-driven demand.
[Brokerage Focus] Citic Sec points out the gradual turning point for L4 autonomous driving commercialization.
CITIC Securities stated that the commercialization of L4 autonomous driving is gradually turning the corner. Recently, high-level autonomous driving is facing intensive catalysis. On the policy side, the country and various regions are orderly promoting legislation and pilot work. Among them, the Beijing Municipal Economic and Information Bureau's "Beijing Autonomous Driving Car Regulations (Consultation Draft)" provides a relatively complete, clear, and predictable system specification for the operation of L3/L4 autonomous driving, which is expected to play a demonstration effect in the capital. In terms of the industry, Baidu's Luobo Kuaipao is being widely deployed in Wuhan, with plans to complete deployment of thousands of units within the year and is expected to achieve overall profitability by 2025; cost reductions and efficiency improvements.
Special guest Ye Shangzhi: China's special consultant continues to retract, and Hong Kong stocks' support weakens.
On July 10th, the Hong Kong stock market rose and then fell back, and the intraday decline was not too large, but overall it still failed to get rid of the running mode of repeated downside. Please be aware of the tendency for further retracement in the short term market. The Hang Seng Index fell more than 50 points and closed below 17,500 points, the first time since April 25th. The market volume rose to more than 100 billion yuan, but still lower than the daily average of 109.7 billion yuan this year. The market liquidity has not yet improved. In terms of trend, the Hang Seng Index is still restricted by the micro-wave top below 18,133 points, and the development mode of one wave lower than one wave has not improved. The market is estimated to continue downward.
[Special Guest V] Deng Shengxing: Weak Mainland data combined with the US not lowering interest rates at the end of the month, Hong Kong stocks lack rebound strength.
On Wednesday (10th), the Hang Seng Index closed at 17471, down 51 points or 0.29%. The trading volume of the whole market was 102.3 billion yuan. The national index fell 0.39% to close at 6251, also the fourth consecutive day of decline; the science index fell 0.01% to 3600. The PPI of mainland industrial producers is still weak, and the Hong Kong stock rebound is lackluster, rising over 200 points during the day before falling and closing, and continuing to decline for the fourth consecutive day, with a total decline of 556 points or 3.1%, falling below the 250-day bull and bear line.
Guojun: Carrots Kuaipao business model verification, autonomous driving challenges the taxi industry.
Guojun said that the challenge to taxis from self-driving cars is theoretically feasible. In the future, with the increase in the number of deployments, the operating cost per vehicle will decrease significantly, and economies of scale may be realized. There is hope for Carrot Run to achieve profitability in the business model of self-driving online car-hailing.
After three days of bloodbath, Chinese concept stocks cost Wall Street billions! The Archegos liquidation case has resulted in Bill Hwang being convicted of fraud and market manipulation.
Three years ago, the Archegos crisis caused the market cap of Chinese concept stocks, such as Baidu, Tencent Music, and VIPShop, to evaporate more than 30 billion US dollars, and also caused investment banks such as Goldman Sachs and Morgan Stanley to suffer losses of billions.
[Brokerage Focus] Bocom Intl maintains buy rating for Baidu (09888), but AI search transformation is still expected to have negative impact on its business.
Bocom intl released research reports that Wuhan and Beijing have successively solicited opinions on the development of autonomous driving cars. The Wuhan government supports the development of autonomous driving, with core data ranking first in the country and multiple landing scenes such as cross-regional, cross-river, and airports. Beijing's autonomous driving demonstration zone is steadily advancing, issuing more than 380 automatic driving test licenses to enterprises including baidu Robo Run, covering 7 districts and about 600 square kilometers. The operating cost reduction of baidu Robo Run depends on the introduction of remote security personnel and the production of new car models. When remote security personnel are introduced, the layout of RT6 (a new model with single vehicle cost reduced to 0.25 million yuan) is carried out.
Baidu Options Spot-On: On July 10th, 240.68K Contracts Were Traded, With 448.06K Open Interest
On July 10th ET, $Baidu(BIDU.US)$ had active options trading, with a total trading volume of 240.68K options for the day, of which put options accounted for 13.96% of the total transactions, and
Express News | Baidu Shares Are Trading Higher on Reports of Growing Interest in Its Apollo Go Robotaxi Service in China
Stocks to Watch Wednesday: Intuit, TSM, Warner Bros., Honeywell -- WSJ
By Anna Hirtenstein Warner Bros. Discovery (WBD): CNN said it would cut about 100 jobs and launch a digital subscription product this year. Shares of Warner Bros., CNN's parent company, fell 2% in