Autonomous Driving Concept Stocks Watch | BIDU-SW(09888.HK) Trades Stronger; Apollo Go Accumulates Over 22 Million Service Orders as of April

NewTimeSpace News: On 16 July 2026, BIDU-SW(09888.HK) strengthened in the afternoon session. As of 15:44, its intraday price stood at HK$110.10, representing a 2.42% gain. Baidu’s Apollo Go has fulfilled more than 22 million cumulative service orders as of April, with its business footprint covering 27 cities worldwide.

NewTimeSpace News: On 16 July 2026,BIDU-SW(09888.HK) rallied in afternoon trading. At 15:44, the stock traded at HK$110.10, up 2.42%.

On the news front, Baidu Apollo Go recorded 3.2 million fully driverless operation orders in Q1 2026, with its weekly order peak exceeding 350,000 in March. As of April, total service orders surpassed 22 million, and its services are available across 27 global cities.

Guoyuan Securities commented that major vehicle manufacturers’new product roadmaps continue to be unveiled in July. The new energy vehicle industry has entered a post-growth phase marked by intensified competition to scale up operations and capture larger market share. L2 integrated driving assistance systems have become commonplace for most vehicle users, while NOA, a high-level intelligent driving function, is undergoing rapid expansion.

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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