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Weekly Recap | BIDU-W -2.87%, shares hit 52-week low
Weekly Review·-Baidu Group-W accumulated a 2.87% decline this week, closing at 79.45 HKD and hitting a 52-week low amid increased trading volume and broader AI sector volatility. -Key events included the announcement of Baidu World 2026, institutional share adjustments, and the upcoming public test rides for Apollo Go in Hong Kong. -Despite short-term downward pressure, 16 covered institutions maintained a consensus strong buy rating with a target price of 149.59 HKD, reflecting positive long-term expectations.Weekly Recap | NTES -0.7%, most brokers rate it buy
Weekly Review·- NetEase accumulated a weekly decline of 0.7 % to close at 197.7 HKD, slightly underperforming the Hang Seng Index by 0.35 percentage points. - Corporate developments focused on enterprise AI model testing and gaming ecosystem updates, while 25 institutions maintained a strong consensus buy rating with an average target price of 254.29 HKD. - Market participants should monitor upcoming Hong Kong macroeconomic data releases and the progress of AI and gaming businesses for potential impacts on liquidity and stock performance.Weekly Recap | SENSETIME-W -2.53%, consensus target above spot
Weekly Review·- SenseTime-W closed down 2.53 % at 1.155 HKD this week, underperforming the Hang Seng Index by 2.18 percentage points amid broader AI sector volatility. - The company itself had no major announcements, and its stock price movements were primarily driven by sector-wide financing concerns and commercial robotics valuation discussions. - Nine institutional coverage providers maintained a consensus buy rating with an average target price of 2.162 HKD, which is 87.2 % higher than the current price.Weekly Recap | KUAISHOU-W +0.14%, Kling 4.0 launch sparks rebound
Weekly Review·- Kuaishou-W rose 0.14 % to close at 29.30 HKD this week, outperforming the Hang Seng Index by 0.49 percentage points amid a volatile trading session. - The launch of the Kling 4.0 video generation model on October 16 drove a sharp stock rebound of over 5 % and boosted the Hang Seng Tech Index. - Currently, 18 institutions give buy or overweight ratings with a consensus target price of 47.83 HKD, while market attention remains focused on the commercialization progress of AI applications.
