Autonomous Driving Concept Stocks Watch | BIDU-SW(09888.HK) Trades Weakly in Morning Session; Apollo Go Partners with TPH to Roll Out Autonomous Mobility Services in Kazakhstan
NewTimeSpace News: On 21 July 2026,BIDU-SW(09888.HK) edged lower in morning trading. As of 11:18 a.m., its intraday quotation stood at HK$106.10, representing a decline of 2.84%.
In terms of news catalysts, Apollo Go recently inked a strategic cooperation agreement with Kazakhstan-based enterprise Turlov Private Holding Ltd. (TPH) in Shanghai. The two parties will jointly explore the introduction of self-driving mobility services across Kazakhstan.
Shanghai Securities commented that the State Council issued the 15th Five-Year Plan for Expanding Consumption on 13 July. The plan proposes boosting automobile consumption, advancing full-chain innovative development in vehicle circulation and consumption, facilitating used-car trading, and expanding consumption in the automotive aftermarket including car refitting, vehicle leasing, motorsports and RV camping.
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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