Baidu Recoups Some Losses as Analysts See Selloff Overdone

Bloomberg01-16

Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.China’s internet ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Ronronron
04-15
Ronronron
M K

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2403883780?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-01-16 13:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2403883780","market":"hk","top_or_hot":-1,"title":"Baidu Recoups Some Losses as Analysts See Selloff Overdone","media":"Bloomberg","content":"<div>\n<p>Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.China’s internet ...</p>\n\n<a href=\"https://finance.yahoo.com/news/baidu-recoups-losses-denying-report-024817929.html\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu Recoups Some Losses as Analysts See Selloff Overdone</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu Recoups Some Losses as Analysts See Selloff Overdone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-16 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/baidu-recoups-losses-denying-report-024817929.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.China’s internet ...</p>\n\n<a href=\"https://finance.yahoo.com/news/baidu-recoups-losses-denying-report-024817929.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4531","symbol_name":"中概回港概念","start_time":0,"source_url":"https://finance.yahoo.com/news/baidu-recoups-losses-denying-report-024817929.html","article_id":"2403883780","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2403883780","pubTimestamp":1705382878,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.China’s internet s","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"89888":"百度集团-SWR","BK4531":"中概回港概念","BK4585":"ETF&股票定投概念","09888":"百度集团-SW","BK4548":"巴美列捷福持仓","BK4587":"ChatGPT概念","BK4535":"淡马锡持仓","LU0287142896.SGD":"Fidelity China Focus A-SGD","BK4077":"互动媒体与服务","BK4579":"人工智能","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK4526":"热门中概股","BK4588":"碎股","BK4552":"Archegos爆仓风波概念","BK4574":"无人驾驶","LU0173614495.USD":"富达中国焦点A","LU0359201612.USD":"贝莱德中国基金A2","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","BK4504":"桥水持仓","BK4514":"搜索引擎","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BIDU":"百度","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","LU1115378108.SGD":"Eastspring Investments - Global Emerging Markets Dynamic AS SGD"},"translate_title":"分析师认为抛售过度，百度收复部分失地","themeId":"fa15f917602042188480c98c024dba5b","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"89888":1.1,"09888":1.1,"BIDU":1},"content_text":"Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.China’s internet search company, generally regarded as a leader in the country’s burgeoning AI arena, rallied the most in a month before trimming some of the gains. Baidu on Monday plunged more than 11%, its biggest decline since 2022, after a South China Morning Post report about how a university affiliated with the People’s Liberation Army’s Strategic Support Force — which oversees cyberwarfare — had tested its AI system on Baidu’s ChatGPT-like Ernie.Baidu on Monday denied any affiliation or partnership with the institute. But the SCMP’s report about the hook-up with the PLA, citing a research paper, raised concerns that Washington may consider imposing sanctions on Chinese firms to curtail such collaboration.Investors may have overreacted Monday given poor market sentiment, Citigroup Inc. analysts including Alicia Yap wrote.“Baidu has not engaged in any business collaboration or provided any tailored service to authors of the academic paper or any institutions with which they are affiliated,” the company said in a Hong Kong stock exchange filing. “The South China Morning Post, the first media outlet that reported on this academic paper, has clarified and corrected their original media report.”Yet it will be hard to recoup all the losses, according to Vey-Sern Ling, managing director at Union Bancaire Privee.“The company made some clarifications yesterday so it helps repair sentiment. But the doubt has already been cast in investors minds of potential geopolitical overhangs given its position as a leading AI player in China. So it’s also logical that the stock doesn’t rebound right back to where it came from,” he said.Baidu in 2023 debuted Ernie — the country’s earliest answer to OpenAI’s ChatGPT — part of a development frenzy that’s involved dozens of startups and tech leaders from Tencent Holdings Ltd. to Alibaba Group Holding Ltd. But it will be awhile before Baidu begins earning fully from its generative AI services, and it remains mired for now in a fundamental online advertising slump.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":295606199885912,"gmtCreate":1713179406217,"gmtModify":1713179409394,"author":{"id":"4118609716965282","authorId":"4118609716965282","name":"Ronronron","avatar":"https://community-static.tradeup.com/news/cf9159fc6c097ad403fe71e11c8524b3","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"4118609716965282","authorIdStr":"4118609716965282"},"htmlText":"M &nbsp;K","listText":"M &nbsp;K","text":"M K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/295606199885912","repostId":2403883780,"repostType":2,"repost":{"id":"2403883780","kind":"highlight","pubTimestamp":1705382878,"share":"https://ttm.financial/m/news/2403883780?lang=&edition=fundamental","pubTime":"2024-01-16 13:27","market":"hk","language":"en","title":"Baidu Recoups Some Losses as Analysts See Selloff Overdone","url":"https://stock-news.laohu8.com/highlight/detail?id=2403883780","media":"Bloomberg","summary":"Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.China’s internet s","content":"<html><head></head><body><p>Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.</p><p>China’s internet search company, generally regarded as a leader in the country’s burgeoning AI arena, rallied the most in a month before trimming some of the gains. Baidu on Monday plunged more than 11%, its biggest decline since 2022, after a South China Morning Post report about how a university affiliated with the People’s Liberation Army’s Strategic Support Force — which oversees cyberwarfare — had tested its AI system on Baidu’s ChatGPT-like Ernie.</p><p>Baidu on Monday denied any affiliation or partnership with the institute. But the SCMP’s report about the hook-up with the PLA, citing a research paper, raised concerns that Washington may consider imposing sanctions on Chinese firms to curtail such collaboration.</p><p>Investors may have overreacted Monday given poor market sentiment, Citigroup Inc. analysts including Alicia Yap wrote.</p><p>“Baidu has not engaged in any business collaboration or provided any tailored service to authors of the academic paper or any institutions with which they are affiliated,” the company said in a Hong Kong stock exchange filing. “The South China Morning Post, the first media outlet that reported on this academic paper, has clarified and corrected their original media report.”</p><p>Yet it will be hard to recoup all the losses, according to Vey-Sern Ling, managing director at Union Bancaire Privee.</p><p>“The company made some clarifications yesterday so it helps repair sentiment. But the doubt has already been cast in investors minds of potential geopolitical overhangs given its position as a leading AI player in China. So it’s also logical that the stock doesn’t rebound right back to where it came from,” he said.</p><p>Baidu in 2023 debuted Ernie — the country’s earliest answer to OpenAI’s ChatGPT — part of a development frenzy that’s involved dozens of startups and tech leaders from Tencent Holdings Ltd. to Alibaba Group Holding Ltd. But it will be awhile before Baidu begins earning fully from its generative AI services, and it remains mired for now in a fundamental online advertising slump.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu Recoups Some Losses as Analysts See Selloff Overdone</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu Recoups Some Losses as Analysts See Selloff Overdone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-16 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/baidu-recoups-losses-denying-report-024817929.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.China’s internet ...</p>\n\n<a href=\"https://finance.yahoo.com/news/baidu-recoups-losses-denying-report-024817929.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"89888":"百度集团-SWR","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4587":"ChatGPT概念","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","LU1115378108.SGD":"Eastspring Investments - Global Emerging Markets Dynamic AS SGD","BK4535":"淡马锡持仓","BK4077":"互动媒体与服务","BK4588":"碎股","BK4579":"人工智能","BK4526":"热门中概股","BK4552":"Archegos爆仓风波概念","BK4574":"无人驾驶","LU0287142896.SGD":"Fidelity China Focus A-SGD","BK4504":"桥水持仓","LU0173614495.USD":"富达中国焦点A","BK4548":"巴美列捷福持仓","BK4514":"搜索引擎","LU0359201612.USD":"贝莱德中国基金A2","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","09888":"百度集团-SW","BIDU":"百度","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK4531":"中概回港概念","BK4585":"ETF&股票定投概念"},"source_url":"https://finance.yahoo.com/news/baidu-recoups-losses-denying-report-024817929.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2403883780","content_text":"Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.China’s internet search company, generally regarded as a leader in the country’s burgeoning AI arena, rallied the most in a month before trimming some of the gains. Baidu on Monday plunged more than 11%, its biggest decline since 2022, after a South China Morning Post report about how a university affiliated with the People’s Liberation Army’s Strategic Support Force — which oversees cyberwarfare — had tested its AI system on Baidu’s ChatGPT-like Ernie.Baidu on Monday denied any affiliation or partnership with the institute. But the SCMP’s report about the hook-up with the PLA, citing a research paper, raised concerns that Washington may consider imposing sanctions on Chinese firms to curtail such collaboration.Investors may have overreacted Monday given poor market sentiment, Citigroup Inc. analysts including Alicia Yap wrote.“Baidu has not engaged in any business collaboration or provided any tailored service to authors of the academic paper or any institutions with which they are affiliated,” the company said in a Hong Kong stock exchange filing. “The South China Morning Post, the first media outlet that reported on this academic paper, has clarified and corrected their original media report.”Yet it will be hard to recoup all the losses, according to Vey-Sern Ling, managing director at Union Bancaire Privee.“The company made some clarifications yesterday so it helps repair sentiment. But the doubt has already been cast in investors minds of potential geopolitical overhangs given its position as a leading AI player in China. So it’s also logical that the stock doesn’t rebound right back to where it came from,” he said.Baidu in 2023 debuted Ernie — the country’s earliest answer to OpenAI’s ChatGPT — part of a development frenzy that’s involved dozens of startups and tech leaders from Tencent Holdings Ltd. to Alibaba Group Holding Ltd. But it will be awhile before Baidu begins earning fully from its generative AI services, and it remains mired for now in a fundamental online advertising slump.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":2,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2403883780"}