Zhi Tong Cai Jing·2025-09-17 05:48Core Viewpoint - Baidu Group-SW (09888) experienced a significant increase of over 17% in stock price following the announcement of a strategic cooperation agreement with China Merchants Group to advance AI applications in various sectors [1] Group 1: Stock Performance - Baidu Group-SW's stock rose by 17.24%, reaching HKD 132.8, with a trading volume of HKD 62.24 billion [1] Group 2: Strategic Cooperation Agreement - On September 15, Baidu Group and China Merchants Group signed a strategic cooperation framework agreement in Shenzhen [1] - The agreement aims to leverage the strengths of both companies in sectors such as technology innovation, transportation logistics, comprehensive finance, and real estate [1] - The partnership is focused on creating a win-win, sustainable development relationship, emphasizing resource sharing and mutual benefits [1] Group 3: Future Development Focus - China Merchants Group's Chairman, Miao Jianmin, highlighted that AI is a key focus for the group's future development [1] - The agreement aims to deepen collaboration in areas such as digital intelligence, equity investment, finance, logistics, and property management [1] - There is a particular emphasis on enhancing cooperation in cloud computing, AI large models, and innovative pharmaceuticals [1]