Autonomous Driving Concept Stocks Watch | BIDU-SW (09888.HK) strengthens in afternoon trading;The regulatory compliance framework for the robotaxi industry continues to improve
NewTimeSpace News: On August 3, 2026,BIDU-SW(09888.HK) saw upward momentum in the afternoon. As of 15:28, its intraday price stood at HK$109.90, up 3.78%.
In corporate news, Baidu Group has filed an application with the Hong Kong Stock Exchange to convert its Hong Kong secondary listing into a dual primary listing. The bourse acknowledged receipt of the application on July 22, and the conversion is expected to take effect within this year.
GF Securities stated that the regulatory compliance system for robotaxis keeps improving. Industry players have built sustainable profit models and launched global expansion plans. Tiered and categorized pilot operation permits have been issued across regions, and mutual recognition of cross-regional testing qualifications is gradually breaking geographical restrictions. However, the progress of operational approval has slowed down due to safety incidents in the sector.
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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