---
title: "[Daily Announcement] Multiple new stocks begin subscription, expected to be listed on March 9 and 10, Baidu (9888) last quarter's performance slightly exceeded expectations"
description: "Multiple new stocks have started subscription, expected to be listed on March 9 and 10, including Youlesai Shared, Zhaowei Electromechanical, Aisi, and Meige Intelligent. Baidu's last quarter performa"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/277140149.md"
published_at: "2026-02-27T04:19:31.000Z"
---

# [Daily Announcement] Multiple new stocks begin subscription, expected to be listed on March 9 and 10, Baidu (9888) last quarter's performance slightly exceeded expectations

> Multiple new stocks have started subscription, expected to be listed on March 9 and 10, including Youlesai Shared, Zhaowei Electromechanical, Aisi, and Meige Intelligent. Baidu's last quarter performance slightly exceeded expectations, with a net profit of RMB 1.78 billion, a year-on-year decrease of 65%, but the core AI business grew strongly, with revenue of approximately RMB 32.7 billion. Galaxy Entertainment earned 22% more last year and declared a final dividend of HKD 0.8

## Multiple new stocks begin subscription, expected to be listed on March 9 and 10

Youlesai Shared (2649.HK), one lot of 500 shares, entry fee of HKD 7,070.6

Zhaowei Electromechanical (2692.HK), one lot of 100 shares, entry fee of HKD 7,442.31

Aisi (2715.HK), one lot of 200 shares, entry fee of HKD 3,434.29

The above shares are available for subscription until March 4, expected to be listed on March 9.

Meige Intelligent (3268.HK), one lot of 100 shares, entry fee of HKD 2,915.1

The above shares are available for subscription until March 5, expected to be listed on March 10.

## **Baidu's last quarter performance slightly exceeded expectations, strong growth in core AI business**

Baidu (9888.HK) last quarter's performance was slightly better than market expectations. Net profit was RMB 1.78 billion, a year-on-year decrease of 65%. Adjusted net profit decreased by nearly 42% to RMB 3.9 billion. During the period, revenue fell 4% year-on-year to approximately RMB 32.7 billion, totaling a 76% decrease for the year, with a net profit of RMB 5.6 billion. The core artificial intelligence (AI) new business accounted for RMB 40 billion, an increase of 48% year-on-year. Among them, intelligent cloud infrastructure was RMB 19.8 billion, up 34%.

## **Galaxy Entertainment earned 22% more last year, declared final dividend of HKD 0.8**

Galaxy Entertainment (0027.HK) earned nearly 22% more last year, reaching HKD 10.6 billion. Declared a final dividend of HKD 0.8, an increase of 60%. During the period, revenue rose 13% to HKD 49.2 billion. Management stated that this year they will continue to focus on advancing the development of the fourth phase project, enhancing the attractiveness of existing resorts, and further expanding non-gaming businesses, maintaining an optimistic outlook on the market prospects

### Related Stocks

- [00027.HK - GALAXY ENT](https://longbridge.com/en/quote/00027.HK.md)
- [09888.HK - BIDU-SW](https://longbridge.com/en/quote/09888.HK.md)
- [BIDU.US - Baidu](https://longbridge.com/en/quote/BIDU.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| China's Search Giant Baidu Struggles With Weak Ad Spending Despite AI Push | Baidu (BIDU) shares fell 4% after reporting Q4 results, with revenue declining 4% YoY to $4.682 billion, slightly above  | [Link](https://longbridge.com/en/news/277056050.md) |
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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.