BIDU(US:BIDU) Ge Long Hui·2025-12-02 05:46Core Viewpoint - Baidu's stock has seen a 2.4% increase in the US market, with a continuous rise in the Hong Kong market for three consecutive trading days, driven by strong institutional buying and robust performance in its core business and AI commercialization [1] Group 1: Institutional Investment - Several investment institutions have disclosed their Q3 US stock holdings, with notable positions in Baidu from Hillhouse, Citigroup, and Appaloosa [1] - Hillhouse established a new position in Baidu, purchasing 1.64 million shares, with a market value exceeding $210 million, making it the sixth-largest shareholder [1] - Citigroup increased its holdings in Baidu by 6.75% in share count and 64% in market value, holding 350,000 shares [1] Group 2: Financial Performance - Baidu's Q3 performance exceeded market expectations, with AI business revenue growing over 50% year-on-year and AI cloud revenue increasing by 33% [1] - The "Luobo Kuaipao" service achieved over 3.1 million orders in Q3, a year-on-year increase of 212%, bringing the cumulative total to over 17 million, making it the global leader in this sector [1] - Baidu's stock price surged nearly 54% in Q3 due to multiple favorable factors [1]