---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43302320.md"
description: "$MEITU(01357.HK) and $BIDU-SW(09888.HK) have basically remained flat, while $Innodata(INOD.US) dropped nearly five points. Both Meitu and Baidu possess existing traffic and cash flow, yet they stayed stagnant all day, whereas the data annotation company was sold off first. The valuation of data annotation has always been built on the premise that "large model training will continue to require data purchases." Is this drop in $Innodata(INOD.US) a signal that training demand has peaked, or simply profit-taking at high levels? Short-term, I still lean towards the latter. However, the sideways movement of $MEITU(01357.HK) and $BIDU-SW(09888.HK) also indicates one thing—the market is currently unwilling to pay a premium for any AI narrative. Whether an application can be implemented or not, both are being sidelined equally."
datetime: "2026-08-10T09:47:03.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43302320.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43302320.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43302320.md)
author: "[极限趋近于你](https://longbridge.com/en/profiles/27390664.md)"
---

# $MEITU(01357.HK) and $BIDU-SW(09888.HK) have basic…


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