Weekly Recap | BIDU-W +3.37%, consensus target above spot
Weekly Review·
- Baidu Group-W rose 3.37 % this week to close at 78.2 HKD, underperforming the Hang Seng Index by 1.28 percentage points.
- Key corporate developments involved AI chips, autonomous driving advancements, open-source models, and strategic partnerships.
- Sixteen covering institutions assigned a consensus strong buy rating with an average target price of 140.92 HKD.