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BIDU-SW Opens 7% Higher; Citi: BIDU-SW Positioned as Leader in Emerging 'Agentic AI' Era
BIDU-SW (09888.HK) opened 6.98% higher today, reaching a peak of HKD147.9. It last reported at HKD145.1, up 5.53%, with turnover of 2.6527 million shares, involving HKD389 million....
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BIDU-SW Opens 7% Higher; Citi: BIDU-SW Positioned as Leader in Emerging 'Agentic AI' Era
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BIDU-SW (09888.HK)  +4.400 (+3.503%)    Short selling $733.74M; Ratio 17.935%   opened 6.98% higher today, reaching a peak of HKD147.9. It last reported at HKD145.1, up 5.53%, with turnover of 2.6527 million shares, involving HKD389 million.

Baidu Chairman and CEO Robin Li stated at the Baidu Create 2026 conference that AI is shifting from a model-centric era to one centered on applications and agents, Citi said in a research report. The Agentic AI era has arrived. Li introduced "Daily Active Agents" (DAAs) as a new value metric to better reflect AI productivity output.

Citi believed Baidu has demonstrated and positioned itself as a leader in the emerging "Agentic AI" era, with a clear strategy to translate its technology into commercial value.

At the event, Baidu launched its general-purpose intelligent agent DuMate and coding agent Miaoda. Citi believed Baidu's full-stack AI system, ranging from its proprietary Kunlunxin to its AI cloud, provides a significant competitive moat and demonstrates strong monetization channels for AI applications.

Citi reiterated its Buy rating on Baidu, and set a US stock Baidu (BIDU.US)      TP of USD186.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-29 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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