百度港股连涨三个交易日 多家机构重仓百度

Core Viewpoint - Baidu's stock has seen a significant increase, with institutional investors heavily investing in the company, driven by strong performance in its core business and accelerated AI commercialization [1] Group 1: Stock Performance - Baidu's US stock rose by 2.4% on December 2, and its Hong Kong stock has been on an upward trend for three consecutive trading days [1] - The stock price of Baidu increased by nearly 54% in the third quarter [1] Group 2: Institutional Investment - Several investment institutions, including Hillhouse, Citigroup, and Appaloosa, have significantly increased their holdings in Baidu [1] - Hillhouse established a new position in Baidu, purchasing 1.64 million shares, with a holding market value exceeding $210 million, making it the sixth-largest shareholder [1] - Citigroup holds 350,000 shares of Baidu, with a quarter-over-quarter increase in share count and market value of 6.75% and 64%, respectively [1] Group 3: Business Performance - Baidu's performance in the third quarter 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, representing a year-on-year growth of 212%, with cumulative orders exceeding 17 million, making it the global leader [1]