Baidu: Recent Developments Are Favorable [Seeking Alpha]
China Index Holdings Limited - American Depository Shares (CIH)
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Source: Seeking Alpha
Seeking Alpha - Go to pageBaidu: Recent Developments Are FavorableFeb. 02, 2023 9:33 AM ETBaidu, Inc. (BIDU)The Value PendulumMarketplaceSummaryzorazhuangElevator PitchBaidu, Inc.'s (NASDAQ:BIDU's shares have gone up by +66.4% (source:my previous articleNovember 17, 2022. In the same time frame, the S&P 500 rose by a mere +5.1%.Notwithstanding Baidu's recent share price outperformance, my view is that BIDU's stock can continue to rise, taking into account the company's recent developments. The increase in BlackRock's (BLKNew AI Chatbot Could Be In The Works For BaiduA January 30, 2023Seeking Alpha Newsreport fromReutersmentioning that BIDU could potentially introduce a new "artificial intelligence chatbot service" which might be integrated "with its search engine" over time.Assuming that this piece of news turns out to be true as perReuters'Based on Chinese research firmiResearch'sChina AI Industry reportBIDU is ahead of its Chinese peers in the AI space in terms of R&D (Research & De
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