On September 22, BIDU-W rose 3.2% in regular trading, trading at 91.25 HKD/share, with turnover of 149 million HKD.

The rally was fueled by a confluence of positive developments. Southern Power Grid's chairman held talks with founder Robin Li to deepen collaboration on AI-energy integration, including model support and carbon-computing synergy. Meanwhile, Baidu's universal AI agent platform KuKu AI surpassed 40 million global monthly active users, with overseas users exceeding 10 million, underscoring its international expansion momentum.

On the capital return front, the company has maintained a steady buyback cadence, repurchasing 560,000 shares on September 21 for approximately 49.74 million HKD, part of a multi-week program authorized at the August 26 shareholder meeting. Additionally, Baidu awarded $2 million to two technical teams through its highest internal honor, with Li Yanhong reaffirming the company's commitment to technology-driven competitiveness. The company also recruited a former Google DeepMind core engineer to lead large model pre-training efforts. These developments come on top of H1 AI cloud infrastructure revenue growth of 65% year-over-year, with GPU cloud revenue surging 230%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)