Chinese Asset Sentiment Shows Signs of Recovery
Is Baidu Inc. (BIDU) a Buy as Wall Street Analysts Look Optimistic?
Baidu Likely to Deliver 4Q Results in Line With Expectations -- Market Talk
Hong Kong stocks movement | Network Technology stocks all rose sharply in the morning, with JD-SW (09618) up over 7% and Alibaba-W (09988) up over 6%.
Network Technology stocks rose across the board in the morning, driving the Hang Seng TECH Index up over 3%. As of the time of writing, JD-SW (09618) rose 7.36%, trading at 157.5 HKD; Alibaba-W (09988) rose 6.32%, trading at 85.85 HKD.
Hong Kong Stock Concept Tracking | OpenAI's next-generation reasoning model o3 will be launched in the coming weeks, bringing us one step closer to the AGI era (including concept stocks).
The CEO of OpenAI, Sam Altman, posted on the Social Media platform X, stating that OpenAI has completed its new reasoning AI model o3 mini and will launch it in a few weeks.
Trump Told Advisers He Wants to Visit China as President
Citi Maintains Baidu(BIDU.US) With Buy Rating, Cuts Target Price to $139
US Listed Chinese Stocks Rally As China's GDP Growth Data Fuels Optimism
6-K: Report of foreign private issuer (related to financial reporting)
Baidu, Inc. Schedules Board Meeting and Earnings Release for February 2025
On February 17, Baidu Group-SW (09888.HK) held a Board of Directors meeting to approve the financial performance announcement for the fourth quarter of 2024 and the 2024 fiscal year.
On January 17, Glorify reported that Baidu Group-SW (09888.HK) announced that the group's Board of Directors will hold a meeting on February 17, 2025 (Monday) to approve the group's unaudited performance for the three months and fiscal year ending December 31, 2024, as well as the announcement ('2024 Fourth Quarter and 2024 Fiscal Year Financial Performance Announcement'). The group will upload the 2024 Fourth Quarter and 2024 Fiscal Year Financial Performance Announcement to the stock exchange after trading hours on February 18, 2025 (Tuesday) (Peking/Hong Kong time) and before the opening of the USA market.
DATE OF BOARD MEETING
The US stock market fluctuated and then declined, Apple fell by 4%, Taiwan Semiconductor's ADR once rose over 7%, and Luxury Goods stocks along with European and American government bonds increased.
In December, USA's retail sales growth was weaker than expected, but the Philadelphia January manufacturing Index reached its highest level in nearly four years. Federal Reserve Board member Waller predicted that there might be up to four interest rate cuts this year, which lowered USA Treasury yields and the dollar. The S&P experienced its first decline in four days, previously boosted by Banks' Earnings Reports. Taiwan Semiconductor's quarterly report confirmed AI demand, leading to most chip stocks rising. Luxury Goods giant Richemont's earnings surpassed expectations, causing a collective increase among peers that pushed French stocks up over 2%. The China concept index rose against the trend, with DouYu increasing by about 28%. The yen approached 155, Bitcoin hovered around $0.1 million, oil prices fell from a six-month high, and Gold reached its highest in five weeks. As a cold wave hit, Henry Hub Natural Gas surged over 4%.
Hong Kong stocks early news on January 17: USA's retail growth in December was lower than expected, with mixed trends for Chinese concept stocks in US markets.
① Retail sales in the USA grew by 0.4% month-on-month in December, which is below market expectations. ② The number of people applying for unemployment benefits for the first time in the USA last week increased by 0.014 million to 0.217 million. ③ The three major indices of the US stock market collectively fell on Thursday, with China Concept Stocks fluctuating. ④ The World Bank warns that Trump's tariff policy may hinder this year's Global economic growth. ⑤ Federal Reserve official Waller stated that if the inflation rate declines, the rate cuts may be stronger than market expectations.
Gamma Data: In 2024, the Global AI industry financing amount exceeded 400 billion yuan, a year-on-year growth of over 77%.
In 2024, the Global AI industry financing amount exceeded 400 billion yuan, with a year-on-year growth of over 77%. The financing amount for general models reached 266.5 billion, accounting for over 50% of the total financing amount.
Baidu's Ads Rev Likely Bottomed Out in 4Q Last Year -- Market Talk
[Brokerage Focus] Jianyin International cuts Baidu (09888) Target Price by 12%, expects its fourth quarter advertising Business and cloud Business to continue to diverge.
Kingwo Finance | Jianyin International's Research Reports indicate that Baidu (09888) is expected to continue the divergence in its advertising and cloud businesses in the fourth quarter of 2024. Core business revenue is projected to decline by 2%, with advertising revenue expected to fall by 8% year-on-year, partially offset by a 15% year-on-year increase in AI cloud business. Traditional search advertising is under pressure due to the impact of generative AI search transformation. However, given that new AI features are gradually being monetized and due to the low base effect, the firm expects an improvement in the year-on-year decline of the advertising business starting from the first quarter of 2025. The firm also anticipates developments in AI in the fourth quarter of 2024.
Cailian Press Autos Morning Report [January 16]
① The Ministry of Commerce: This week, detailed implementation rules for new purchase subsidies for mobile phones and other digital products will be issued successively; ② Guangdong: The production of New energy Fund vehicles will grow by 43% in 2024, accounting for a quarter of the national total; ③ Chongqing Changan Automobile: It will enter the Europe market in 2025;
Hong Kong stocks morning report on January 16: USA CPI released, China Concept Stocks generally rose.
① The USA's December CPI increased by 2.9% year-on-year, meeting market expectations. ② The Biden administration has intensively implemented trade restrictions related to China during the remaining term, and the Ministry of Commerce has firmly opposed it. ③ The three major Indices in the USA rose by over 1.5% on Wednesday, with China Concept Stocks showing widespread gains. ④ Germany's 2024 GDP preliminary value has slightly decreased year-on-year. ⑤ The International Energy Agency has lowered this year's Global oil demand forecast.
Goldman Sachs Maintains Baidu(BIDU.US) With Buy Rating, Cuts Target Price to $101