SG#BAIDURC2603E(59989.HK)

Last Updated 08:00:00
longbridge loading
Company Encyclopedia
View More
name
SG#BAIDURC2603E
59989.HK
News
View More

Hong Kong Stock Market Update | The Hang Seng Index continues to hit new highs, Sunac China surges 22% during trading, MiniMax and Dongfang Zhenxuan lead market trends

In the Hong Kong stock market, there is structural differentiation. The Hang Seng Index rose 0.21% during the session, reaching a new high, while the Hang Seng TECH Index slightly retreated, with a clear shift in sector fund preferences. Hardware and some leading internet companies strengthened, with Kuaishou and Xiaomi Group performing prominently, while retail and some technology heavyweights showed significant adjustments. The market continues to be influenced by macro variables and liquidity, with active fund rotation during the session, evident individual stock hotspots, and strong upward movements in companies like Sunac China and JunDa Co., highlighting the dual effects of institutional competition and thematic driving within the sector

Market Heartbeat·
HK
09888
+0.32%
Market Heartbeat·
HK
09888
+0.32%

"Big Banks" Citigroup: China approves the purchase of H200 chips, Tencent becomes the biggest beneficiary

Citi's report pointed out that Chinese regulators have approved Alibaba, Tencent, and ByteDance to purchase NVIDIA's H200 artificial intelligence chips. If the news is confirmed, it will have a positive impact on Tencent, Alibaba, and the Chinese internet industry, especially Tencent. Tencent's management has mentioned that they may consider leasing GPU computing power in the event of procurement restrictions. Citi believes there is an increased risk of capital expenditure in 2026, and the outlook for the artificial intelligence industry is optimistic for Tencent, Alibaba, and Baidu

AASTOCKS·
HK
09888
+0.32%
US
BIDU
+0.02%
US
SOXX
+2.67%
AASTOCKS·
HK
09888
+0.32%
US
BIDU
+0.02%
US
SOXX
+2.67%

Peering Into Baidu Inc's Recent Short Interest

Baidu Inc's short interest has increased by 14.61%, with 6.91 million shares sold short, representing 2.51% of available shares. It would take an average of 3.43 days for traders to cover their short positions. An increase in short interest indicates a bearish market sentiment. Compared to its peers, Baidu's short interest is lower than the average of 10.46%.

benzinga_article·
US
BIDU
+0.02%
HK
09888
+0.32%
SG
HBUD
+0.40%
benzinga_article·
US
BIDU
+0.02%
HK
09888
+0.32%
SG
HBUD
+0.40%

Hong Kong stock market intraday | Hang Seng Index rises 2.39%, reaching a new high for the period; semiconductor sector active, HUA HONG SEMI rises 6.13%

In the Hong Kong stock market, the three major indices rose together, with the Hang Seng Index up 2.39%, reaching a new high for the period. The Technology Index and the National Enterprises Index also strengthened simultaneously, reflecting a significant rebound in market risk appetite. Key sectors such as retail, internet, and semiconductors performed outstandingly, with Alibaba and Tencent Holdings continuously favored by funds. In terms of individual stocks, popular concept stocks like Yunzhisheng and YOFC surged significantly, attracting high market attention. The increase in fund activity reflects structural opportunities and an amplified linkage between consumption and technology sectors. On the macro level, expectations for consumer recovery and capital flows have become the main focus of the market, guiding investor sentiment to remain positive

Market Heartbeat·
HK
09888
+0.32%
Market Heartbeat·
HK
09888
+0.32%

Hong Kong Stock Midday Review | The Hang Seng Index rose over 2% during the session, YOFC led the semiconductor sector, institutional funds focus on new hotspots in AI and consumption

As of noon, the three major indices of the Hong Kong stock market strengthened collectively, with the Hang Seng Index rising 2.21% to 27,725.15 points, setting a new high for the period. The retail, internet content, and semiconductor sectors all moved upward, with significant capital inflows into leading technology and consumer stocks. YOFC surged 13.66%, while UNISOUND skyrocketed 32.94% during the session. Market hotspots are focused on AI, semiconductors, and the consumer sector, driving overall trading activity. Macro attention is on economic recovery and policy support, with an increase in market risk appetite

Market Heartbeat·
HK
09888
+0.32%
Market Heartbeat·
HK
09888
+0.32%
Posts
View More

Compared to BIDU's AI hype, BABA feels undervalued, anyone thinks so?🤔

Gold is on a wild run, rallying like nobody’s business. And that USD against SGD has weaken to below 1.27. Level. Total madness.

With the Fed meeting coming up this week, the statement will be crucial ...

© 2026 Longbridge｜Disclaimer