GO
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| HSCEI1 | 8,852.43 | -8.96 | 61.26B |
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2025-07-16 10:07:19 BIDU-SW (09888.HK) (BIDU.US) announced a partnership with Uber (UBER.US) to gradually expand its fleet of thousands of Apollo Go autonomous vehicles through the Uber platform to various global markets outside the US and China. This aligns with BIDU-SW's asset-light business model, focusing on providing technology solutions, Morgan Stanley released a research report saying. However, BIDU-SW's expansion of robotaxi outside China may face opposition from local media or governments, potentially negatively impacting local employment. Morgan Stanley was optimistic about TENCENT (00700.HK) and BABA-W (09988.HK), believing that they are major beneficiaries of China's AI sector. The broker kept rating at Equalweight on BIDU-SW, with a target price of US$95, due to Gen AI potential disruption risks in search. ~ AASTOCKS Financial News Website: www.aastocks.com | |