HK Stock Market Move | BIDU-SW (09888) rises over 5%, Create conference officially announces three core highlights, company's AI ecosystem value accelerating manifesting.

BIDU-SW (09888) has risen by more than 5%, rising by 5.5% as of the time of publication, to HKD 120.8, with a transaction volume of HKD 4.66 billion. On the news front, the 2026 Baidu AI Developer Conference has been officially scheduled and will be held in Beijing from May 13th to 14th with the theme "One for All". This conference, themed "One for All", will for the first time combine the "Create Baidu AI Developer Conference" with the "Cloud Intelligence Conference", focusing on showcasing the key points of Baidu Intelligent Cloud AI Infra and Agent Infra technology breakthroughs, "super individual" productivity tool chain, and Lobster Family Bucket full scene intelligent experience. Huaxin Securities pointed out that the company's fourth quarter 2025 financial report clearly demonstrates the results of the "AI Core" strategy. The AI business not only has a fast revenue growth, but its revenue contribution has exceeded 40%, becoming the main driver of growth. Morgan Stanley also believes that the market focus has shifted from traditional search monetization to whether Baidu can become a reliable listing platform for AI infrastructure investment through AI Cloud and Kunlun Core.