Autonomous Driving Concept Stocks Watch | BIDU-SW(09888.HK) Trades Weakly with Volatility in Morning Session; Commercialization of L4 & Higher Autonomous Driving Promising

NewTimeSpace News: On June 26, 2026, BIDU-SW(09888.HK) weakened with volatile movements in the morning session. As of 11:33, the stock was quoted at HK$98.70, down 4.55%.

On the news front, numerous domestic autonomous driving enterprises are prioritizing the Middle East, Southeast Asia and Europe as key overseas markets for business deployment. Singapore, Dubai and Abu Dhabi host the densest batch of trial and validation projects launched by Chinese autonomous driving firms.

SDIC Securities (Hong Kong) stated that the global market size of L4 and above autonomous driving was US$1 billion in 2024, with an estimated expansion to US$1.464 trillion by 2030. Autonomous driving at L4 and higher levels will achieve commercialization across diverse application scenarios. Among all segments, autonomous ride-hailing underpins a trillion-dollar mobility market, expected to capture a substantial market share and demonstrate the strongest growth momentum.

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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