Autonomous Driving Concept Stocks Watch | BIDU-SW (09888.HK) Intelligent Driving Orders Maintain Rapid Growth, Stock Rebounds Slightly After Sliding in Morning Trading
NewTimeSpace News: BIDU-SW (09888.HK) posted a mild gain in morning trading on 9 June 2026. It traded at HK$117.20, representing a 1.03% increase as of 11:08.
In business updates, Apollo Go has expanded its presence to 27 cities worldwide. Its services have been launched across multiple areas in Dubai, and test operations in London with Uber and Lyft are scheduled ahead.
According to a research report by Guosheng Securities, Apollo Go completed 3.2 million fully driverless ride-hailing orders in Q1 2026, a year-on-year surge of over 120%. The cumulative number of autonomous driving service orders exceeded 22 million as of April 2026. In terms of profitability, Apollo Go has achieved unit economics balance in its largest domestic operating city. Its profitability is expected to improve further alongside the expansion of overseas operations.
BIDU-SW (09888.HK) Focuses on the R&D of L4 autonomous driving algorithms and the commercialization of unmanned Robotaxis. Leveraged by the ERNIE foundational model and optimized by the Qianfan compute base, its "Apollo Go" autonomous ride-hailing service has achieved large-scale, normalized commercial operations across multiple core cities in China, with cumulative autonomous test mileage exceeding hundreds of millions of kilometers. Through high-frequency, high-confidence real-world road test data cleansing, the company continues to solidify the most robust data asset and algorithmic moat within the HKEX autonomous driving sector.
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