Xin Lang Cai Jing·2025-10-27 02:49Group 1 - Baidu Group's stock price increased by 4.75%, currently trading at 123.40 HKD with a transaction volume of 8.17 billion HKD [1] - Baidu's subsidiary, Luobo Kuaipao, has formed a strategic partnership with Swiss PostBus to launch autonomous driving services named "AmiGo" in Switzerland [1] - Initial fleet testing for the "AmiGo" service is set to begin in December in the eastern regions of Switzerland, with plans for regular and fully autonomous operations [1] Group 2 - According to a report from CMB International, Baidu's core valuation logic is shifting towards AI integration [1] - The valuation range for cloud, AI applications, and the autonomous driving industry is estimated at 6-10 times sales [1] - The current price reflects a valuation of Baidu's search business at less than 1 times earnings, corresponding to approximately 60 billion CNY in revenue and 10 billion CNY in profit [1] - Baidu is transitioning towards a full AI integration, leading to a long-term value reassessment based on AI technology [1]