HSBAIDU@EP2607B

Transport Department Approves 萝卜快跑's Cross-Zone Autonomous Driving Test

Baidu Distributes $4.5 Billion in Red Envelopes for AI Entry War

BIDU-SW to Release FY2025 Q4 Earnings on February 26, 2026, Pre-Market BJT; Forecast Revenue HKD 37 B, EPS HKD 7.3136

Baidu's AI Product Growth During Spring Festival Draws Doubt

Baidu Integrates OpenClaw into Search App to Capture Traffic Bonuses

Baidu's Official E-commerce Skill Launched on ClawHub

Baidu App Announces Support for One-Click Invocation of OpenClaw AI Agents

Baidu Wenxin Assistant Sees a Quadruple Increase in Monthly Active Users and a Burst in AI Function Usage

Baidu App Wenxin Assistant Sees Significant Increase in Active Users and Function Usage During Spring Festival

Baidu's Apollo Go Partners with Uber to Launch Fully Autonomous Ride Services in Dubai

Baidu Launches Global Search and Baidu Encyclopedia International Version to Accelerate Overseas Expansion

BaiduWiki launches international version of Baidu Encyclopedia

Baidu Announces Q4 2025 Earnings Forecast and Business Transformation Progress

Baidu Launches O Plan Project to Enhance AI Features of Baidu App

Baidu Intelligent Cloud Launches OpenClaw Rapid Deployment Solution

Baidu Aims to Partner with HKSAR Government to Promote Intelligent Transportation System Construction

Baidu's RoboTaxi Launches Fully Autonomous Service in Dubai

Baidu Plans 39 Billion Yuan Buyback and Possible First Dividend Payment This Year

WeChat Blocks Baidu Red Envelope Links, Baidu Adjusts to Password Red Envelopes

Baidu Group Plans to Issue First Dividend and Implement Stock Repurchase Plan

HKC INT'L RTS

SUMMI

TIANBAO ENERGY

HANG YICK RTS

CHERISH SUN

UNI PRINTSHOP

NE ELECTRIC

MANY IDEA CLOUD

SINO GAS HLDGS

KO YO GROUP

00005

00939

01288

00700

09888

01024

09988

On February 25th, during the Hong Kong stock market session, the three major indices showed divergent trends, with the market entering a period of consolidation. The Hang Seng Index rose by 0.43%, while the Hang Seng Tech Index slightly fell by 0.27%. In terms of sectors, HSBC Holdings surged by 3.47% due to strong performance and favorable dividends, boosting confidence in some bank stocks; the internet content and information sector showed divergence, with Tencent Holdings maintaining resilience and rising by 0.67%, while Baidu fell by 1.07% due to concerns over AI competition. Additionally, the retail sector saw a recovery in sentiment, with leading e-commerce valuations warming up

- On February 25, Hong Kong stocks showed mixed movements, with the Hang Seng Index up 0.43%, yet failing to surpass the previous peak.  
- Notable sector movements included HSBC soaring 3.47% due to strong earnings and dividends, while tech giants like Tencent rose slightly as valuations were reassessed amid AI trends.  
- Overall market focus remains on economic recovery, with investors closely monitoring retail sales and inflation trends to gauge consumer confidence.

Market Heartbeat

HSBC HOLDINGS

TENCENT

BIDU-SW

KUAISHOU-W

BABA-W

JD-SW

MNSO

AGTECH HOLDINGS

XIMEI RESOURCES

Hong Kong stock market intraday | Hang Seng Index rises 0.43%, HSBC Holdings surges 3.47% after earnings, leading bank stocks

K3SD

BIDU

Baidu Inc's (NYSE:BIDU) short interest has decreased by 14.33%, with 6.91 million shares sold short, representing 2.51% of available trading shares. It would take an average of 2.38 days for traders to cover their short positions. A decline in short interest may indicate a more bullish sentiment among investors. Compared to its peers, Baidu has a lower short interest percentage of 2.51% versus the peer average of 10.61%.

- Baidu Inc's short interest as a percentage of float has decreased by 14.33%, now representing 2.51% of its shares available for trading.  
- The analysis indicates that the decrease in short interest may suggest a shift in market sentiment, though it does not guarantee a stock price rise.  
- Comparatively, Baidu's short interest is lower than the peer group average of 10.61%, indicating relatively lesser bearish sentiment among investors.

benzinga_article

BIDU ADR US

Baidu

How Do Investors Really Feel About Baidu Inc?

XIACY

On the first day of work in the Year of the Horse, major internet companies such as Xiaomi Corporation collectively distributed "work start red envelopes" to employees. Xiaomi founder Lei Jun wished employees well on Weibo, stating that he, along with the executive team, distributed red envelopes, wishing everyone a prosperous New Year and all the best

Wallstreetcn

Xiaomi Corporation

On the first day of work at major internet companies, a rain of red envelopes fell: Lei Jun personally took action, and Baidu issued red envelopes for the first time

09987

02513

01888

On February 24th, Hong Kong stocks closed with all three major indices significantly retreating, with the Hang Seng Index down 1.82% and the Hang Seng Technology Index down 2.13%. Dragged down by the adjustment in U.S. stocks and macroeconomic concerns, the technology and catering sectors saw widespread declines, with Meituan down 4.24% and Tencent Holdings down 3.35%. Despite the weak market, KNOWLEDGE ATLAS surged against the trend, driven by positive news from AI model breakthroughs, rising 12.14%, while YUM CHINA increased by 2.55% due to strong earnings reports. Market sentiment has turned cautious, facing short-term profit-taking pressure

- On February 24, Hong Kong stocks faced a significant retreat, with major indices, including the Hang Seng Index, falling by 1.82% after reaching a high phase.  
- The declines were attributed to profit-taking pressures and cautious market sentiment, particularly affecting the tech and retail sectors.  
- Investors are closely monitoring macroeconomic indicators, including retail sales and import-export data, to assess the sustainability of local consumption and external demand recovery.

MEITUAN

HAIDILAO

YUM CHINA

KNOWLEDGE ATLAS

KB LAMINATES

ADD NEW ENERGY

GIGADEVICE

NANFANG COMM

Tianhong Hang Seng TECH ETF(QDII)

CSOP HS TECH

HSTECH ETF

ChinaAMC Hang Seng Technology ETF(QDII)

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Hang Seng TECH ETF I

Hong Kong Stock Market Closing | The Hang Seng Index fell 1.82%, technology and restaurant stocks were under pressure, while KNOWLEDGE ATLAS surged 12.14%

512980

159805

CSSW传媒

TCTZF

According to a research report by Zhejiang Securities, by 2025, the playback volume of Douyin comic dramas will exceed 70 billion, with the market size surpassing 20 billion yuan. With AI empowerment, the production process will be shortened by one-third, efficiency will increase by 80%, and costs will be reduced by more than 70%. At the same time, the window for AI comic dramas to go overseas has opened, short dramas have validated payment, and the supply of comic dramas remains scarce. As major players rush to enter the market, AI comic dramas are transitioning from short drama edge experiments to a new round of phenomenal opportunities, moving from paid to free and from single revenue sharing to full IP monetization

- AI is industrializing content production, with AI comic dramas emerging as a significant segment expected to yield substantial commercial opportunities.  
- Reports indicate that platforms like Douyin will launch over 60,000 comic dramas by 2025, generating views exceeding 70 billion and a market size surpassing 20 billion yuan.  
- The commercialization of comic dramas is evolving towards multi-layer monetization driven by IP, while global market statistics show a significant surge in overseas short drama downloads, highlighting a growing demand for new content avenues.

GF Fund CSI Media ETF

Penghua CSI Media ETF

AXA SPDB CSI Hugangshen Game and Culture Media ETF

Tencent Holdings Limited

ChinaAMC CSI Cultural Entertainment Media ETF

Guotai CSI Movies Theme ETF

Yinhua CSI Movies Theme ETF

ChinaAMC CSI Animation Game ETF

Guotai CSI Animation Game ETF

AI reconstructing the content industry + overseas monetization verification, will comic dramas be the strongest trend in 2026?

On February 24, 2026, Beijing time, the Hong Kong stock market collectively weakened in the afternoon, with all three major indices adjusting high and falling more than 2%. The Hang Seng Tech Index led the decline, dragged down by a pullback in AI themes. Technology stocks generally fell, with major stocks such as Tencent Holdings, Alibaba, and Meituan showing weak performance. Funds shifted towards defensive stocks and individual stock speculation, with Aito rising sharply against the trend due to positive acquisition news. On the macro level, the market is closely monitoring liquidity and the recovery of local consumption data, with investment sentiment leaning towards caution

- The Hong Kong stock market experienced a significant downturn, with major indices falling over 2% led by the Hang Seng Index which dropped 2.01%.  
- Key sectors such as internet and retail reflected negative sentiment, influenced by a retreat in AI stocks, highlighting a broader market adjustment.  
- Notable individual stock movements included significant increases for certain companies while others like Tencent and Alibaba faced declines amid increased market caution.

DAISHOMICROLINE

MOBI DEV

PUTIAN COMM

Hong Kong stocks intraday | Hang Seng Index fell 2.3%, Meituan dropped 4.59%, Aide New Energy surged 30.28%

The Transport Department announced that the cross-district test route connecting North Lantau Airport Island with Tung Chung City Centre and Sunny Bay has officially been completed. Baidu's autonomous driving service platform "Luobo Kuaipao" has become the first approved company to operate across districts on this route, marking a significant expansion of its autonomous driving testing network in Hong Kong. This expansion includes extending the test section, increasing the number of autonomous vehicles, and enabling collaboration between in-vehicle backup operators and the control center. The completion of this route is a milestone for the construction of smart transportation in Hong Kong and will provide residents and travelers with more flexible and efficient travel options in the future

AASTOCKS

Baidu's "Carrot Run" approved for the cross-district route connecting the airport island to Tung Chung and Sunny Bay

On February 24th, the Hong Kong stock market's midday review showed a collective pullback in the morning session, with the three major indices experiencing a unilateral adjustment. The Hang Seng Index fell by 1.93%, and the Hang Seng TECH Index dropped by 2.36%, leading the market decline. Risk aversion sentiment increased, causing technology heavyweight stocks to weaken across the board, with Meituan -W down 4.76%, leading the blue-chip decline, and Tencent Holdings down 3.44%. The internet, retail, and catering sectors were generally under pressure, but YUM CHINA rose 1.98 against the trend. In terms of individual stocks, KNOWLEDGE ATLAS surged by 20.89%, and KB LAMINATES rose by 11.09, driven by positive earnings expectations. Market focus has shifted to macroeconomic data and liquidity in the capital market

- On February 24, Hong Kong's stock market showed a notable downturn with the Hang Seng Index closing at 26,560.57, down 1.93%. 
- Sector performance was broadly negative, particularly in technology and retail, with major companies like Tencent and Alibaba seeing significant declines amid rising risk aversion and concerns over macroeconomic conditions. 
- Investors are closely monitoring economic indicators such as retail sales and unemployment to gauge the recovery potential of the Hong Kong economy.

Shandong Molong

KINGBOARD HLDG

Meituan

FI2 CSOP HSI

FL2 CSOP HSI

FI CSOP HSI

Hang Seng TECH Index

Hang Seng Index

Hong Kong Stock Midday Review | Hang Seng Index fell 1.93%, KNOWLEDGE ATLAS surged 20.89%, Meituan dropped 4.76%

00100

00390

02050

06160

06618

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01698

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KNOWLEDGE ATLAS(02513) rose 42.72%, with a trading turnover 3.2 Billion HKD, and a year-to-date rose 523.9%. MINIMAX-WP(00100) rose 14.52%, with a trading turnover 3.5 Billion HKD, and a year-to-date rose 487.9%. JD HEALTH(06618) fell 6.27%, with a trading turnover 341.2 Million HKD, and a year-to-date rose 2.4%. BIDU-SW(09888) fell 6.25%, with a trading turnover 2.5 Billion HKD, and a year-to-date fell 1.9%.

- The Hang Seng Index fell by 1.1%, with a year-to-date increase of 3.1%, while the Hang Seng Tech Index decreased by 2.91% and is down 5.5% year-to-date.  
- Notable stocks include Zhizhi (02513), which rose by 42.72% with a turnover of 3.24 billion HKD, and MINIMAX-WP (00100), which gained 14.52% with a turnover of 3.53 billion HKD.  
- Conversely, JD Health (06618) and Baidu-SW (09888) declined by 6.27% and 6.25%, respectively, with year-to-date performances of 2.4% and -1.9%.

Top Gainers & Losers

MINIMAX-WP

CHINA RAILWAY

SANHUA

BEONE MEDICINES

JD HEALTH

HUA HONG SEMI

TME-SW

CTG DUTY-FREE

Top 5 HK Stock Gainers/Losers (>100B) (2.20)

On the first trading day of the Year of the Horse, Hong Kong stocks opened lower, with the Hang Seng Index closing down 161 points at 26,544 points, and a turnover of HKD 91.755 billion. The Tech Index fell 122 points, with Baidu dropping 5.66%, making it the worst-performing blue chip. Alibaba, Tencent, and others also declined. AI stocks performed strongly, with KNOWLEDGE ATLAS and Dolphin Research both rising over 19%. Historical data shows that the Hang Seng Index has performed poorly in the Year of the Horse, with only one increase in the past four Year of the Horse red plate dates

- On the first trading day of the Year of the Horse, Hong Kong's Hang Seng Index opened lower, dropping by 161 points to close at 26,544 points.  
- Tech stocks, including Baidu and Alibaba, faced significant declines, while AI-related stocks surged due to interest from the Lunar New Year celebrations.  
- Analysts predict a short-term target range for the Hang Seng Index between 26,500 and 27,000 points, with expected increased activity in AI manufacturing and robotics sectors.

Stheadline

The Hang Seng Index fell 161 points in the half-day session, Baidu dropped by half, AI stocks surged, with KNOWLEDGE ATLAS and Dolphin Research rising by 19% | Hong Kong stock market opens

02099

BABA

600026

00HSI

BABX

01138

After the Spring Festival holiday, the Hong Kong stock market reopened, with the Hang Seng Index opening down 48 points at 26,657 points. Technology stocks Alibaba and Baidu both opened down 3%. COSCO SHIPPING Energy opened up 6.1%, and CNOOC opened up 2.2%. Other commodity stocks such as CHINAGOLDINTL and Minmetals Resources also saw increases. The market is focused on the U.S. military decisions regarding Iran and the Supreme Court's ruling on the tariff case. The Dow Jones Industrial Average fell 267 points, or 0.5%

CHINAGOLDINTL

Alibaba

COSCO SHIPPING Energy

BABA 2x Long Daily ETF - GraniteShares

COSCO SHIP ENGY

"Hong Kong Stocks" The Hang Seng Index opened 48 points lower, Alibaba and Baidu declined, COSCO SHIPPING Energy surged over 6%

KBAB

518880

09626

06181

STECH

On the first trading day of the Year of the Horse for Hong Kong stocks, the Hang Seng Index opened down 0.18%, and the Hang Seng TECH Index opened nearly 0.7% lower. BILIBILI-W fell nearly 4%, while Alibaba and Baidu Group both dropped about 3%. LAOPU GOLD rose nearly 1%, and the company will adjust product prices on February 28. The market has risks, and investment should be cautious

KraneShares 2x Long BABA Daily ETF

Huaan Yifu Gold ETF

BILIBILI-W

LAOPU GOLD

Hong Kong stock market's first trading day of the Year of the Horse: Hang Seng Index opened down 0.18%, Hang Seng TECH Index opened nearly 0.7% lower

688303

01179

The NASDAQ Golden Dragon China Index preliminarily closed down 0.4%. Among popular Chinese concept stocks, Jinko Solar fell 2.4%, Trip.com fell 2.2%, YUM China, Qifu Technology, and WeRide fell over 1%, Alibaba fell 0.9%, and Baidu fell 0.7%. Meanwhile, GDS, KINGSOFT CLOUD, and Daqo Energy rose at least 0.6%, and HWORLD rose 1.6%

Daqo Energy

HWORLD-S

Direxion FTSE China Bull 3X

NASDAQ Golden Dragon China Index

Roundhill China Dragons ETF

KINGSOFT CLOUD

YUM China

Trip.com

GDS-SW

Jinko Solar

Invesco Golden Dragon China

002594

TCEHY

The NASDAQ Golden Dragon China Index initially closed down 0.1%. Among popular Chinese concept stocks, Pinduoduo initially rose over 1%, Meituan, YUM CHINA, New Oriental, Tencent, BYD, Baidu, and Alibaba rose by up to 0.9%, Li Auto fell by 0.3%, XPeng fell by 0.9%, and WeRide fell by 3.8%

Global X China Consumer

BYD COMPANY

NEW ORIENTAL-S

GraniteShares 2x Long PDD Daily ETF

Tencent

Krne Csi China Internet

Global X E-commerce ETF

iShares MSCI China

KraneShares 2x Long PDD Daily ETF

In today’s pre-mkt summary for Subscribers: Stocks declined amid uncertainty over new 15% global tariffs following the Supreme Court's invalidation of President Trump’s emergency levies, with added pressures from Trump’s Middle East military buildup against Iran and a severe blizzard impacting the NYC area. Gold and silver advanced and #btc stabilized after dipping below $65K. This is a pivotal week featuring Trump’s State of the Union Tuesday and $NVIDIA(NVDA.US) earnings Wednesday. We maintain our view that equities will go to new highs as cooling inflation and decelerating employment growth boost prospects for faster Fed easing, with money markets pricing two cuts by year-end, with the first likely by July. 2026 S&amp;P 500 EPS growth is projected to grow +12% YoY to $310, which implies a forward P/E of 22.3x. This implies a 4.5% earnings yield, a +40bp premium to 10yr yields, aligning with non-recessionary historical norms. On $Tesla(TSLA.US), the narrative of its unique path to generalized unsupervised autonomy has eroded as $Alphabet - C(GOOG.US), $Baidu(BIDU.US), $WeRide(WRD.US), $Pony AI(PONY.US), and $Amazon(AMZN.US) scale to 750K paid unsupervised autonomous rides weekly without safety monitors, while $NVIDIA(NVDA.US)’s decision to open its AI chips/software stack to other OEMs starting 1H 2026 effectively democratizes unsupervised autonomy.

HSBAIDU@EP2607B(24604.HK)

Hong Kong stock market intraday | Hang Seng Index rises 0.43%, HSBC Holdings surges 3.47% after earnings, leading bank stocks

How Do Investors Really Feel About Baidu Inc?

On the first day of work at major internet companies, a rain of red envelopes fell: Lei Jun personally took action, and Baidu issued red envelopes for the first time

Hong Kong Stock Market Closing | The Hang Seng Index fell 1.82%, technology and restaurant stocks were under pressure, while KNOWLEDGE ATLAS surged 12.14%

AI reconstructing the content industry + overseas monetization verification, will comic dramas be the strongest trend in 2026?