BIDU-SW (09888.HK) -5.100 (-3.620%) Short selling $308.75M; Ratio 20.210% issued a letter to all employees today (28th) announcing a major adjustment in its ranking system. The company will fully integrate the professional and management channels below the middle management level. The existing rank labels (T, P, E, Band, M) will be unified into a numerical ranking system ranging from Level 5 to Level 12, which will officially take effect on 1 May.Related News CLSA: Baidu, Inc. (BIDU.US) AI Cloud Infrastructure Revenue Sees Strong Growth; Marketing Services Remain Under PressureThe AI era requires inter-disciplinary talent who possess both professionalism and leadership and can work independently, according to the notice. Based on this judgement, the company decided to integrate the existing professional and management channels below middle management into a single career development pathway.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 16:25.)
AASTOCKS Financial News