On July 31, BIDU-SW rose 3.33% in regular trading, trading at 104.1 HKD/share, with turnover of 88.732 million HKD.

On the news front, the stock was buoyed by two key catalysts. First, Baidu's Apollo Go (Luobo Kuaipao) autonomous ride-hailing platform, in partnership with Lyft's FREENOW mobility platform, has commenced public road testing of its sixth-generation RT6 self-driving vehicles in London's Brent area, marking the first time Chinese autonomous vehicles have conducted real-world testing on UK roads. The service plans to open to public passengers in 2027, with autonomous vehicles operating alongside FREENOW's existing taxi and private hire network. The right-hand-drive market covers over 70 countries and more than 2 billion people globally.

Second, Baidu's application to convert its Hong Kong secondary listing to a dual primary listing has been acknowledged by HKEX, with a special general meeting scheduled for August 26 to approve related mandates. Market expectations suggest the company could be eligible for inclusion in Stock Connect following the conversion.

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