Autonomous Driving Concept Stocks Watch | BIDU-SW (09888.HK) Edged Lower in Afternoon Session; Institutions stated that the new national standards for autonomous driving are expected to accelerate industry consolidation

NewTimeSpace News: On 12 August 2026,BIDU-SW(09888.HK) edged lower in the afternoon session. As of 15:37, the intraday quotation stood at HK$101.80, representing a decline of 2.68%.

In terms of news, Apollo Go under Baidu signed a strategic cooperation agreement with Dubai’s Roads and Transport Authority in 2025. It obtained a permit for fully driverless testing earlier this year, becoming the first and so far the only platform approved to conduct fully driverless trials in Dubai, and launched commercial operations starting from March.

Hualong Securities commented that the mandatory national standard Safety Requirements for Autonomous Driving Systems of Intelligent and Connected Vehicles has been officially issued and is scheduled to take effect on 1 July 2027. The autonomous driving sector is expected to undergo accelerated reshuffling. Leading vehicle manufacturers, suppliers of core components such as chips and domain controllers, as well as testing service providers, are poised to embrace growth opportunities.

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.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.