News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>JPM Raises BIDU-SW (09888.HK) TP to HKD225 as AI Biz Propels Valuation Re-rating
JPMorgan released a research report re-evaluating the business structure of BIDU-SW (09888.HK). The report noted that the market had previously viewed Baidu as a "sinking sear...
Reset
Send
The window will close in 5 seconds
<Research>JPM Raises BIDU-SW (09888.HK) TP to HKD225 as AI Biz Propels Valuation Re-rating
Close
Recommend
9
Positive
11
Negative
7
 
 

JPMorgan released a research report re-evaluating the business structure of BIDU-SW (09888.HK)  +1.700 (+1.344%)    Short selling $263.28M; Ratio 24.338%   . The report noted that the market had previously viewed Baidu as a "sinking search plus a Kunlunxin IPO catalyst", with expectations that capital would rotate from Baidu to Kunlunxin after the latter's listing. However, Baidu's 1Q26 results refuted this narrative.

Core AI-powered Business recorded revenue of RMB13.6 billion, up 49% YoY, accounting for 52% of Baidu Core revenue for the first time. In contrast, Online Marketing Services shrank 22% YoY.

Related News G Sachs: BIDU-SW (09888.HK) AI Cloud Biz Remains Strong, AI Biz to Exceed 50% of Revenue by End-2026
Based on this, JPMorgan raised its TP for BIDU-SW (09888.HK)  +1.700 (+1.344%)    Short selling $263.28M; Ratio 24.338%   from HKD195 to HKD225, and lifted its TP for Baidu, Inc. (BIDU.US)      from USD200 to USD230, while maintaining an Overweight rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.