Mei Ri Jing Ji Xin Wen·2025-09-22 03:20Group 1 - The Hong Kong stock market indices collectively declined, with the Hang Seng Tech Index dropping nearly 1% [1] - Baidu's stock price surged due to multiple factors, including a significant order from China Mobile and a strategic cooperation agreement with China Merchants Group [1] - Baidu issued a notice confirming the completion of its issuance of 4.4 billion RMB in 1.90% senior unsecured notes due in 2029 [1] Group 2 - Analysts from Huatai Securities expressed optimism regarding Baidu's potential revaluation opportunities and upward space, while noting the need for Baidu to prove its competitiveness in core businesses [1] - The AI sector is experiencing a bullish trend, with companies like Alibaba and Baidu competing in self-developed chips, potentially leading to a reconstruction of valuations in the Hang Seng Tech Index [2] - The outlook for the Hang Seng Tech Index is positive, with expectations of continued inflow from southbound funds and a potential upward breakthrough [2]