<Research>BOCI: BIDU-SW's AI Cloud Biz Rockets on Surging Demand

2025/05/22 04:04 GMT

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BOCI has issued a report attributing BIDU-SW (09888.HK) +1.550 (+1.810%) Short selling $68.61M; Ratio 20.522% 's better-than-expected 1Q25 results to robust growth in its AI cloud business supported by self-developed computing power, which offset the weakness in its traditional search business.

The broker reiterated a Buy rating on BIDU-SW and kept its target price largely unchanged at HKD107.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-11 12:25.)

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