$BIDU-SW (09888.HK)$ The Hong Kong stock market surged nearly 7%, with a turnover exceeding 700 million Hong Kong dollars. $Baidu (BIDU.US)$ The U.S. stock market rose more than 3% during overnight trading.
In terms of developments, the Create 2026 Baidu AI Developer Conference has been officially scheduled to take place on May 13-14 in Beijing under the theme 'All Things as One.' This year's conference combines the 'Create Baidu AI Developer Conference' and the 'Cloud Intelligence Conference' for the first time, focusing on three key highlights: breakthroughs in Baidu Intelligent Cloud’s AI Infra and Agent Infra technologies, the 'Super Individual' productivity toolchain, and the Lobster Family Bucket full-scenario intelligent experience.
Huaxin Securities noted that the company’s Q4 2025 earnings report clearly demonstrated the results of its 'AI Core' strategy. The AI business not only grew rapidly in revenue but also accounted for over 40% of total revenue, becoming the main driver of growth. JPMorgan Dagen also stated that market attention has shifted from traditional search monetization to whether Baidu can establish itself as a reliable listed platform for AI infrastructure investment through its AI cloud and Kunlun chip initiatives.
Editor/Jayden