One-week inventory ｜ Baidu Group last week, US stocks rose by 15.81%, and Hong Kong stocks rose by 13.7%

[trend of individual stocks]

27 February-3 March

Last week, the S&P 500 rose 1.9%, the Nasdaq Composite Index rose 2.58% and the Dow Jones Industrial Average rose 1.75%.

Baidu’s US stocks rose 15.81% last week.Last week, the total turnover was 2.871 billion US dollars. As of last week’s close, the US stock price was 153.46 US dollars. The cumulative increase of US share capital is 11.45% per month, 34.17% this year and 4.21% in the past 52 weeks.

Last week, the Hang Seng Index rose by 2.79% and the Hang Seng Technology Index rose by 5%.

Baidu Group -SW Hong Kong stocks rose 13.7% last week.Last week, the total turnover was HK$ 10.533 billion. As of last week’s close, the stock price of Hong Kong stocks was HK$ 14.940 and the market value was HK$ 412.991 billion. Hong Kong stocks rose 10.83% this month, 33.75% this year and 0.27% in the last 52 weeks.

[Company comparison]

[Related News]

() Became the first batch of ecological partners of Baidu ERNIE Bot.

According to the Securities Times, a few days ago, the Provincial Broadcasting Group reached a cooperation with Baidu, officially becoming the first batch of ecological partners of ERNIE Bot, and will fully access and use ERNIE Bot’s wisdom through Baidu marketing. Being the first batch of eco-partners in ERNIE Bot this time represents that Shengguang Group can apply Baidu’s leading intelligent dialogue technology achievements in the field of full-link marketing, which indicates that Shengguang will get the blessing of leading AI technology first.

Baidu search integrates ERNIE Bot’s new progress: it has registered trademarks such as Searchat or provided various search generation capabilities such as voice and image.

According to science and technology innovation board Daily, the reporter learned from China Trademark Network that Baidu has recently submitted several trademark names for registration, such as Searchat, Baidu Baixiaosheng, Baidu Xiaosou and Chatflow, which is suspected to be related to Baidu’s plan to integrate its search products into ERNIE Bot. According to relevant sources close to Baidu, Baidu search may provide multi-modal search capabilities such as text, voice and images and AI generation capabilities after it is integrated with ERNIE Bot. In addition, according to the registered name, this product upgrade may be equipped with the digital person Xiaoxiao previously launched by Baidu APP to provide smarter AI conversational search.

(): WEB3.0 content production engine has been launched. The company is the first batch of ecological partners of Baidu ERNIE Bot.

Zhongke Jincai said on the interactive platform that the company has launched Zhongke Jincai intelligent customer service robot, RPA robot, WEB3.0 content production engine, and multi-modal surreal digital intelligence. At the same time, the company has become the first batch of ecological partners of Baidu ERNIE Bot, and the company will actively use its existing business, customers and technical advantages to accelerate the research and development of its own business model and technology.

Baidu plans to hold a press conference on March 16th with the theme of ERNIE Bot.

Baidu plans to hold a press conference in Beijing headquarters at 14: 00 on March 16th, with the theme of ERNIE Bot. Li Yanhong, founder, chairman and CEO of Baidu, and Wang Haifeng, chief technology officer of Baidu, will attend.

Baidu Radish ran faster than 100 unmanned vehicles landed in Wuhan, and the order volume exceeded 2 million.

According to Apollo’s intelligent driving officer, Baidu’s self-driving travel service platform "Radish Run" announced that its unmanned fleet in Wuhan has exceeded 100 vehicles, with more than 750 kilometers of operational roads, covering 530 square kilometers of Wuhan, which can provide fully unmanned self-driving travel services for nearly 1.5 million people in the operating area. At the same time, the data of the 2022 financial report released by Baidu recently showed that as of the end of January 2023, the cumulative order volume of Radish Fast Run exceeded 2 million, making it the largest self-driving travel service provider in the world.

Baidu sprint ChatGPT：CTO Wang Haifeng is the chief commander, discussing two product directions.

According to 36Kr, Baidu’s team preparing for the "ERNIE Bot" is mainly coordinated by TPG (Technology China Taiwan Business Group) and MEG (Mobile Ecology Business Group). The former is responsible for technical attack, while the latter undertakes search and content product undertaking. Wang Haifeng, CTO of Baidu, is the chief commander of the project, and other leading executives include Wu Tian, vice president of Baidu Group (who is also the deputy director of the National Engineering Research Center for Deep Learning Technology and Application), and Wu Hua, chairman of Baidu Technical Committee. A number of Baidu employees revealed that Baidu has discussed two schemes, one is to launch an independent entrance; The other is to emulate Microsoft Bing’s "New Bing" after accessing ChatGPT, that is, to get through with the existing Baidu search portal.

Baidu Group: Yu Zhengjun resigned as Chief Strategy Officer.

Baidu Group announced on the Hong Kong Stock Exchange that Yu Zhengjun had resigned as the company’s chief strategy officer for personal reasons, which took effect on March 1, 2023. Yu Zhengjun will assist the company to complete the smooth transition of its job responsibilities. Yu Zhengjun’s resignation was not due to any dispute or disagreement with the company.

Baidu flying paddle and Wenxin big model appeared in GAIDC 2023, explaining the technology and application of big model in detail for developers.

According to the Shanghai Stock Exchange, Baidu was deeply involved in the 2023 Global Pioneer Conference for Artificial Intelligence Developers (GAIDC) held in (). Among them, Baidu Feipaddle and Shanghai Artificial Intelligence Industry Association hosted the forum of "Leading the Future: Big Model Technology and Application", and Ma Yanjun, general manager of Baidu AI Technology Ecology, delivered a keynote speech at "New Programmer: New Decade Forum of Artificial Intelligence". Many Baidu engineers gave speeches in sub-forums, and the conference also set up a Wenxin Pavilion and Feipaddle AI Studio Market to join hands with developers to pursue the forefront of the AI industry.

[US stock rating]

On February 28th, Susquehanna gave Baidu a positive rating with a target price of $175.00.

[Hong Kong stock rating]

On February 28th (), Baidu Group -SW was given a buy rating with a target price of HK$ 162.00.

This article comes from the theme of Hong Kong-US Datalink. Click to read more about Hong Kong-US companies > > >