SG#BAIDURC2610B

TOUYUN BIOTECH

ONE MEDIA GROUP

JINYUAN HCHEM

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C FIN INT INV

SINGASIA HLDG

TI CLOUD

MS CONCEPT

WISON ENGRG

CHINA RISUN GP

09888

BIDU

Baidu launched the world's first mobile lobster application "Red Hand Operator," which is now available in the Android market. This application combines the OpenClaw native mobile experience and self-developed AI Agent capabilities to perform operations such as ride-hailing and food delivery across apps. Users can directly command the mobile "lobster" to execute tasks through this application without the need to change devices or undergo complex installations. The iOS version is expected to be launched in March

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BIDU-SW

Baidu

Baidu launches the world's first mobile lobster application "Red Hand Operator"

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Baidu launched the world's first mobile application "Lobster" called "Red Hand Operator," which allows users to perform cross-App operations such as ride-hailing and food delivery. This application combines the OpenClaw mobile experience with self-developed AI Agent capabilities, enabling users to use it without changing devices or installing complex environments. The iOS version is expected to be launched in March

PingWest

Guotai CSI Computer Theme ETF

SPDR S&P Software

iShares Expanded Tech Software Sector ETF

ISHRS S&P Glb It

Baidu launches the world's first mobile app "Lobster": Download the app to experience the joy of "raising lobsters"

CLOU

On the 11th, Baidu held its first "Lobster" market in Beijing, attracting nearly a thousand users to queue up for the installation of the cloud-based OpenClaw service. Baidu engineers provided one-on-one installation support on-site, allowing users to complete deployment within 10 minutes. In addition, Baidu Intelligent Cloud launched the zero-deployment service DuClaw, enabling users to directly use the OpenClaw service through the web interface. Users can also experience the enhanced mobile lobster application through the Hong Shou Zhi Operator App, achieving cross-App interactive operations

AASTOCKS

Global X Cloud Computing ETF

Baidu held its first "Lobster" market in Beijing, with a thousand users queuing to install

Baidu Inc. has launched DuClaw, a fully managed service that simplifies the deployment of OpenClaw AI agents by eliminating server setup and API key configuration. This service, hosted on Baidu AI Cloud, allows users to access a ready-to-use OpenClaw environment via a web interface. DuClaw aims to enhance OpenClaw adoption by addressing common deployment challenges. Baidu is promoting DuClaw with a special offer for first-time subscribers. As of the announcement, Baidu shares were down 1.47% at $123.65.

- Baidu Inc. has launched DuClaw, a zero-deployment service on Baidu AI Cloud, providing immediate access to the OpenClaw agent platform without server setup or model API configuration.  
- DuClaw allows users to utilize pre-built Baidu skills and select from various foundation models while planning to extend support to enterprise platforms such as WeCom and DingTalk.  
- Despite early interest in OpenClaw, adoption faced challenges due to configuration and integration issues, which DuClaw aims to resolve, supported by a promotional offer to encourage developers.

benzinga_article

Baidu Launches DuClaw To Simplify Deployment Of OpenClaw AI Agents

Baidu has launched DuClaw, a zero-deployment service on Baidu AI Cloud, enabling users to access the OpenClaw agent platform via a web interface. The service includes built-in features like Baidu Search and supports various foundation models. It is fully managed on Baidu's infrastructure, eliminating server setup and configuration needs. Additionally, DuClaw will support enterprise collaboration tools such as WeCom and DingTalk. A promotional offer for first-time subscriptions is available at RMB 17.8 (approximately $2.50) per month during March.

Fidelity

Baidu Launches DuClaw AI Agent Service on Baidu AI Cloud

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AAPL

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GOLD

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AAPB

0312 | Dolphin Research Watchlist.🐬 Macro/Industry 1) The U.S. will release Feb CPI at 20:30 Beijing time on Wed, a key input for the Fed's rate-cut path. Recent Middle East tensions have lifted oil prices, increasing uncertainty around the print.An upside surprise could push back cut expectations and weigh on growth stocks. In-line or softer readings would be supportive of risk assets.🐬 Single Stock 1) $Meta Platforms(META.US) Meta announced the acquisition of AI agent community Moltbook. It is known in the industry as the 'Lobster Community'...

META secures 'Shrimp Pool' Moltbook; Laopu Gold issues a positive profit alert on strong earnings | Daily News Recap

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The three major indices of the Hong Kong stock market slightly adjusted today, with the Hang Seng Index, Hang Seng Tech Index, and the National Enterprises Index failing to continue reaching new highs during this phase, as the market oscillated around previous highs. The internet and telecommunications sectors showed mixed performance, with Tencent Holdings and Alibaba experiencing slight declines, while Changfei Fiber Optics fell 7.23%, leading the decline among popular stocks. Shandong Molong and CATL strengthened against the trend, with overall trading activity being active, as market sentiment leaned towards caution during the intermittent macro data period

- Today's Hong Kong stock market saw slight declines with cautious sentiment, as the Hang Seng Index closed at 25,898.76, down 0.24%.  
- Key sectors experienced mixed performances, with notable declines in retail stocks like Meituan, which fell 2.15%.  
- Shandong Molong surged 17.29%, becoming a focal point for market interest despite overall profitability concerns in sectors like communication equipment.

Market Heartbeat

YOFC

TENCENT

BABA-W

CHALCO

HORIZONROBOT-W

LI AUTO-W

SUNNY OPTICAL

CMOC

KUAISHOU-W

NANJING PANDA

MEITUAN

SHANDONG MOLONG

QUANTGROUP

Hong Kong stock market closing | Hang Seng Index down 0.24%, high-level consolidation, Shandong Molong surged 17.29%

During today's "Lobster Market" event, Baidu Intelligent Cloud engineers reminded ordinary users to exercise caution when using OpenClaw, especially to avoid installing it on local computers. The engineers pointed out that ordinary users who deeply use OpenClaw may face higher security risks, particularly the risk of irreversible loss of files due to accidentally triggering delete commands. They suggested that such operations should be carried out by professional technical personnel with risk management capabilities

Wallstreetcn

Is there a risk behind the explosive popularity of "small crayfish"? Baidu engineer: Ordinary users should be cautious with local deployment

Baidu Intelligent Cloud released the zero-deployment OpenClaw service DuClaw on March 11, with first-time users only needing to pay 17.8 yuan/month, without the need to select images, configure servers, or fill in model API Keys, truly achieving a zero-threshold "shrimp farming." This service is deeply pre-configured with advantages such as Baidu Search, Baidu Encyclopedia, and academic search, supporting various mainstream large models. Currently, users can access it directly through the web, and the Baidu App has also supported one-click wake-up for OpenClaw

Baidu Intelligent Cloud releases DuClaw zero-deployment to start free "shrimp farming"

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The three major indices of the Hong Kong stock market strengthened collectively during the session, with the Hang Seng TECH Index rising by 0.92%, outperforming others. The internet content and information sector led the market, with Tencent Holdings rising by 1.81% and trading volume exceeding HKD 14 billion, ranking first. Overall market sentiment is relatively stable, but it is still in a confirmation period near previous highs, with clear signs of sector differentiation, as funds continue to flow towards leading internet companies and some new energy blue chips

- On March 11, during the trading session, Hong Kong's stock indices showed mixed strength, with the Hang Seng Index up 0.33% at 26,046 points.  
- The internet content sector led gains, driven by recovering demand, while the telecommunications equipment sector exhibited mixed performance.  
- Investors are closely monitoring macroeconomic indicators such as forex reserves and PMI, which continue to influence market sentiment amid fluctuations in retail and export data.

NEWBORNTOWN

LINGBAO GOLD

CHIFENG GOLD

JD-SW

AKESO

CSOP HS TECH

Dacheng Hang Seng Technology ETF(QDII)

FL2 CSOP HSI

FI CSOP HSI

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Tianhong Hang Seng TECH ETF(QDII)

Hang Seng TECH Index

Tencent

ChinaAMC Hang Seng Technology ETF(QDII)

FI2 CSOP HSI

GX HS TECH

Hang Seng TECH ETF I

Tencent Holdings Limited

HSTECH ETF

CAM HS TECH

ISHARESHSTECH

Hong Kong stocks intraday | The Tech Index rose 0.92%, with the internet sector leading the gains as Tencent climbed

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The Hong Kong stock market opened higher in the morning session, driven by Tencent, with the Hang Seng Index opening up 152 points at 26,112 points. Tencent opened up 4.4%, and Baidu opened up 1.8%. Nio recorded quarterly profits for the first time, with its stock price opening up 15%. Other tech stocks such as Alibaba, Kuaishou, and Meituan also opened higher to varying degrees, while financial stocks like HSBC opened lower. Overall, the market showed volatility due to the impact of the war between the United States and Israel against Iran

NIO-SW

CSOP HSI ETF

ChinaAMC Hang Seng ETF

Hang Seng Composite Index

TRACKER FUND

Alibaba

Harvest Hang Seng SCHK Technology ETF

ChinaAMC Shanghai-Hong Kong Tong Hang Seng ETF

China Southern Hang Seng ETF

E Fund Hang Seng ETF(QDII)

Yinhua MSCI China A ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

FI2CAMNDQ100

"Hong Kong Stocks" The Hang Seng Index opened high at 152 points, Tencent continued to rise, Nio bounced 15%

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The AI short drama industry is experiencing rapid growth, and industry insiders believe it is the biggest opportunity for the future. Tang Chao, General Manager of Beijing Jutou Technology Culture Co., Ltd., pointed out at an industry conference that the market share of AI simulated short dramas has risen from 7% last year to 38%. It is expected that by 2026, the user scale of AI comic dramas will increase from 120 million in 2025 to 280 million, with a market size reaching 24 billion yuan. Nevertheless, 90% of companies in the industry are still in a state of loss

HUACE FILM & TV

Mango

BONA

Wondershare

Ciwen

IReader Technology

Yinhua CSI Movies Theme ETF

Guotai CSI Animation Game ETF

Penghua CSI Media ETF

ChinaAMC CSI Animation Game ETF

GF Fund CSI Media ETF

ChinaAMC CSI Cultural Entertainment Media ETF

Guotai CSI Movies Theme ETF

北京乐自天成文化发展股份有限公司

AI short dramas are booming, industry insiders say "it's the biggest opportunity coming up," with 90% of companies in the industry still in a state of loss

Today’s Key News Recap

BIDU ADR US

Apple

Apple Group

ETFS Capital Ltd.

Gold.com

NIO Inc. USD OV

NIO Inc

Li Auto

Meta Platforms

Oracle

ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D

LAOPU GOLD

Laopu Gld HK SDR 50to1

BIDU-SWR

Baidu HK SDR 10to1

GraniteShares 2x Long AAPL Daily ETF

In today’s pre-mkt summary for Subscribers: Stocks fell but pared losses after reports of potential G7 coordinated strategic petroleum reserve releases, last done in 2022 during the Russia-Ukraine oil crisis. Brent crude surged to $105/bbl amid the escalating Middle East conflict and effective Strait of Hormuz closure, driving a sharp risk-off sentiment with the VIX spiking to 32. 10y yields rose while gold and silver fell modestly. Tomorrow’s Feb CPI print (pre-conflict data) will be overshadowed by next week’s FOMC meeting and updated dot plot, as investors increasingly fear stagflation from sustained high oil prices amid slowing job growth. We view the current oil shock as akin to the temporary 2022 Russia-Ukraine spike rather than a lasting supply disruption. We expect equities to reclaim new highs once the conflict de-escalates, oil retreats, and Fed rate-cut odds rise. We remain cautious on $Tesla(TSLA.US) given declining 2026-2030 estimates, extended valuation (~200x 2026 P/E), and increasing competition in unsupervised autonomy from $Alphabet - C(GOOG.US), $Baidu(BIDU.US), $Amazon(AMZN.US), and others already scaling paid rides without safety monitors.

Alphabet - C

Alphabet

Tesla

In today’s pre-mkt summary for Subscribers: Risk-off sentiment intensified as escalating Middle East conflict halted tanker traffic through the Strait of Hormuz, driving Brent crude +8.3% to $79/bbl and pushing 10-year Treasury yields to 3.97%. Safe-haven buying lifted precious medals while long-duration equities were hit hardest. We view the volatility as temporary; once the conflict de-escalates, oil prices will retreat, and softer Feb employment data on Friday could bolster Fed rate-cut expectations. This should allow equities to reclaim new highs supported by solid 2026 S&amp;P 500 earnings growth of +12% YoY to $310, implying a reasonable 22.2x forward P/E and 4.5% earnings yield vs sub-4.0% 10-year TYs. We remain cautious on $Tesla(TSLA.US) (no position) given declining long-term EPS estimates, rapid democratization of unsupervised autonomy by competitors ( $Alphabet - C(GOOG.US), $Baidu(BIDU.US), $Amazon(AMZN.US), others already at 850K paid unsupervised autonomous rides/week), and a stretched valuation (2026 P/E ~200x vs +40% forward EPS growth = 5x PEG, avg Mag 7 PEG 2x).

Mag Silver

Conference Minutes

Below is Dolphin Research's compiled transcript of $Baidu(BIDU.US) FY25 Q4 earnings call. For our analysis, see 'BIDU: Buybacks set a floor, but the comeback still hinges on the narrative.'I. Key financials recap. Core AI business metrics (Q4 2025) include:Baidu General Business revenue: RMB 26.1bn. Core AI-powered Business revenue: over RMB 11.0bn...

Grocery Outlet

Uber Tech

BIDU (Trans): Focus on shareholder returns, stronger mgmt. execution

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Financial Analysis

$Baidu(BIDU.US) released Q4 results after the HK close on Feb 26, 2026, and the print was lackluster. That said, with a prolonged pullback already priced in, buybacks and dividends providing a floor, and year-ahead narratives such as Kunlun Chip's IPO and potential Stock Connect inclusion, the market is unlikely to impose a sustained penalty.This quarter the company adopted a new reporting structure, splitting into AI and legacy businesses. The AI segment includes AI infrastructure, AI applications, and AI-native marketing, while most institutions are still modeling estimates under the prior framework...

iQIYI

ByteDance

BIDU: Ad Engine Falters; Is Kunlunxin the Lifeline?

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$Baidu(BIDU.US) (-2.7% pre-mkt): 4Q results generally met/beat expectations although MAUs light (only 2 ests). As usual, no forward guidance included in release. Conf call 7:30am ET. 4Q RESULTS- Revs 32.74B yuan, -4.1% y/y, vs 32.66B yuan est. - Rev from iQIYI (Netflix of China) 6.79B yuan vs 6.76B est.- Adj profit per ADR 10.62 yuan vs. 9.40 yuan est.- Adj Ebitda 4.73B yuan, -32% y/y, vs 4.67B yuan est.- Monthly active users 679M, estimate 703M est (2 ests).COMMENTARY AND CONTEXT- Portfolio of AI Applications continues to scale - Accelerating International Expansion Into New Markets- Confident in ability to create lasting value in AI- Kunlunxin spin-off separate listing is progressing - Apollo Go, Baidu's autonomous ride-hailing service, reported weekly rides of over 300K during the quarter (Waymo 400K per week, TSLA &lt;100 per week). Total rides increased by 200% year over year. As of Feb 2026, cumulative rides provided to the public by Apollo Go exceeded 20 million. Entered the South Korean Market and expanded to several European markets.- Revenue from Baidu Core AI-powered Business exceeded 11B yuan in Q4, accounting for 34% of Baidu revs

BIDU 4Q25 First Take: the company adopted a new reporting framework this quarter, splitting results into AI biz. and other legacy biz.; AI includes AI infra, AI apps, and AI-native marketing. As the Street is still setting estimates under the old framework, Dolphin Research restores the prior disclosure for comparison, focusing on BIDU only and excluding iQIYI. Overall, the Q4 print was underwhelming. It was not a strong quarter. However, given the prolonged correction, buybacks providing support, and narratives such as Kunlun Chip’s IPO and potential Stock Connect inclusion later this year, we do not expect sustained penalties. On the top line, results were broadly in line with BBG consensus; overall ads slightly missed, and legacy ads were still down 26%, with the timing and pace of recovery uncertain. Cloud and other slightly beat, with cloud infra relatively strong. On opex, GAAP OP came in below expectations due to approx. RMB 700 mn in severance and some bad-debt provisions. Ex these items, lower D&amp;A and headcount optimization improved efficiency, driving Adj. OP to a modest beat. Looking at BIDU’s AI biz. in isolation, performance across the three pillars was mixed. Details follow: 1) Cloud Infra (cloud + compute): given last year’s high base (projects clustered in a short window), QoQ is more relevant. Q4 grew 35% QoQ, a decent trend. 2) AI Apps (incl. Baidu Wenku, Baidu Cloud Drive, and digital employees): flat QoQ. The cloud drive likely remained a drag. 3) AI-native marketing (agents and digital humans): edged lower QoQ; given industry trends, competition likely weighed. Watch the call for color on seasonality and other objective factors. $Baidu(BIDU.US) $BIDU-SW(09888.HK)

0226 | Dolphin Research focus: 🐬 Stock 1, $Alibaba(BABA.US). Alibaba Cloud Bailian launched the 'Coding Plan', integrating APIs for four mainstream models — Qwen3.5, GLM-5, MiniMax M2.5 and Kimi K2.5 — making it the only cloud provider globally to offer this combo.Lite plan is priced at RMB 7.9 for the first month and RMB 40 for the second; Pro plan at RMB 39.9 for the first month and RMB 200 for the second, with free model switching. The aim is to lower AI coding barriers through aggressive pricing and full-stack model coverage...

Salesforce

NVIDIA

Warner Bros. Discovery

Netflix

Boeing

Duolingo

Coreweave

Dell Tech

Paramount Global

BABA-WR

Alibaba HK SDR 5to1

Vipshops

Luckin Coffee

Block

BOEING CO 6% DEP SHS RE 1/20TH PFD MAN CNV SR A

Alibaba Cloud rolls out dirt-cheap AI coding bundle; JD's 'Billion-yuan Supermarket' reignites subsidy rush | Daily News Recap

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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.

WeRide

WERIDE-W

In today’s pre-mkt summary for Subscribers: Stocks rose as sentiment improved after yesterday’s volatile session, with traders awaiting today’s release of minutes from the Jan 27-28 Fed meeting for clues in the Fed’s forward rate path. 10yr Treasury yields rose and precious metals recovered. We continue to expect equities to reach new highs as cooling inflation and slowing employment growth raise the odds of earlier Fed rate cuts, with money markets pricing in two cuts by year-end. We see stocks as neither under- or over-valued: 2026 S&amp;P 500 EPS growth of +12% implies a forward P/E of 22.1x (4.5% earnings yield) and a ~50bp premium to 10-year Treasuries, consistent with historical non-recessionary norms. We remain cautious on $Tesla(TSLA.US) as the bull case for TSLA being the only one to solve for general unsupervised autonomy continues to weaken with $Alphabet - C(GOOG.US), $Baidu(BIDU.US), $WeRide(WRD.US), $Pony AI(PONY.US), and $Amazon(AMZN.US) completing 750K paid unsupervised rides per week, and $NVIDIA(NVDA.US) about to offer its full autonomy stack to OEMs starting 1H 2026, which we believe will democratize unsupervised autonomy.

SG#BAIDURC2610B(57533.HK)

Baidu launches the world's first mobile lobster application "Red Hand Operator"

Baidu launches the world's first mobile app "Lobster": Download the app to experience the joy of "raising lobsters"

Baidu held its first "Lobster" market in Beijing, with a thousand users queuing to install

Baidu Launches DuClaw To Simplify Deployment Of OpenClaw AI Agents

Baidu Launches DuClaw AI Agent Service on Baidu AI Cloud