On December 23, GTX reported that after falling for two consecutive days, Baidu Group-SW (9888.HK) made a strong rebound today, rising as much as 3.6% intraday, closing at 84.9 HKD. Previously, there were reports that Apple was in discussions with Tencent and ByteDance to integrate these two companies' AI models into the iPhones sold in mainland China. Before this, the market generally believed that Baidu was Apple's partner, but due to differences over technology and privacy issues, the cooperation between the two sides faced a rift. However, according to the latest news, in light of this change, Baidu may reconsider its strategy in an effort to regain this Substantial Order valued at over ten billion dollars. (GTX)
- Headlines
- Hong Kong stocks fluctuate丨Baidu rises by 3.6%, expected to adjust strategy to regain the L from Apple.
港股异动丨百度涨3.6%，有望调整策略挽回苹果大单
Hong Kong stocks fluctuate丨Baidu rises by 3.6%, expected to adjust strategy to regain the L from Apple.
The translation is provided by third-party software.
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