Autonomous Driving Concept Stocks Watch | BIDU-SW(09888.HK) Trades Higher in Morning Session,Apollo Go Signs Deal for Yangtze River Delta Supply Chain Headquarters

NewTimeSpace News: On June 12, 2026,BIDU-SW(09888.HK) maintained an upward momentum in morning trading. The stock was quoted at HK$114.50 at 11:30, representing a 1.24% gain.

In related news, the launch ceremony of Baidu Apollo Autonomous Driving Open Source Community and an AI industry matchmaking conference were held in Xiangcheng District recently. The newly launched community will integrate technologies, talents and resources to carry out R&D, roadshows and incubation activities, and improve the local full industrial chain ecosystem for autonomous driving. During the event, Apollo Go sealed deals for the Yangtze River Delta Supply Chain Headquarters and Regional Operation Center projects.

According to a research report from CITIC Securities, data from NE Times shows that the domestic installation volume of autonomous driving domain control chips reached 8.62 million units in 2025, a year-on-year increase of 60.2%. ASIC chips have seen steady volume growth thanks to higher computing power utilization, lower costs and power consumption, as well as superior software and hardware compatibility. Going forward, continuous performance upgrades of autonomous driving chips and gradual integration with cockpit functions are expected to lift product value further, keeping the industry on a track of rising sales volume and prices.

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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