$BIDU-SW (09888.HK)$ At one point during the session, it rose over 5%. As of the time of writing, it increased by 4.50%, priced at 81.35 Hong Kong dollars, with a transaction volume of 0.369 billion Hong Kong dollars.

On the news front, it is reported that Baidu's self-driving car-hailing platform 'Luobo Express' plans to conduct trial operations in the Hong Kong area, with the first phase of testing at the airport as early as the end of this year. The Hong Kong Transport Department confirmed that Baidu had submitted applications for autonomous driving test licenses and vehicle certificates last month, which are still under review. The department will strictly oversee and promote the testing of autonomous vehicles in Hong Kong in an orderly and safe manner.

Baidu's latest financial report shows that in the third quarter of 2024, Luobo Express' self-driving car orders were 0.988 million, a 20% year-on-year increase. In addition, in the third quarter of 2024, the proportion of nationwide fully self-driving car orders taken by Luobo Express exceeded 70%. By October 2024, this proportion further increased to 80%.

Editor/rice