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Baidu Shares Surge Amid Trade Optimism and AI Expansion

Baidu Shares Surge Amid Trade Optimism and AI Expansion

Author:

Global Cryptocurrency

Published:

2025-10-27 07:08:02

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BTCCSquare news:

Baidu's stock (BIDU) climbed 5.9% in Hong Kong trading, fueled by multiple catalysts. A potential U.S.-China trade deal framework, expansion of robotaxi services, and continued accumulation by Cathie Wood's ARK Invest drove bullish sentiment. The hedge fund added $6.5 million worth of shares last week, extending its 2024 buying spree.

Alibaba (BABA) mirrored the rally as China's tech sector regained favor. Baidu has soared 45% year-to-date, buoyed by robust earnings and heavy AI/cloud investments. The rally coincides with reports of trade progress ahead of a critical Trump-Xi meeting in South Korea.

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