百度 （BIDU.US; 9888.HK）上周三宣布，截至八月其萝卜快跑（Apollo Go）无人驾驶出租车服务累计已完成1,400万单。这巩固了 其行业领导地位，未来基金（Future Fund LLC）董事总经理Gary Black近期亦称该公司为"全球无人驾驶出租车领导者"。 百度联合创始人兼CEO李彦宏在上周财报电话会议中表示："我们在那里（香港）的经验为进军其他右舵车市场提供了宝贵的行业 洞察，增强了我们在全球扩展萝卜快跑业务的信心。" 七月，百度与Uber达成多年期合作，计划在亚洲和中东等多个市场部署数千辆无人驾驶车辆。八月又宣布与Lyft在欧洲达成合作， 首站覆盖德、英两国，加快推进无人驾驶出行服务的全球布局。 财报显示，仅第二季度萝卜快跑完全无人驾驶订单超220万单，同比增长148%。百度表示，其车队迄今累计实现超2亿公里无人驾驶 里程，且保持优异的安全记录。与此同时，谷歌Waymo截至今年五月累计付费订单量达1,000万单，并宣布其无人驾驶里程达1亿英 里（约1.6亿公里）。 Bamboo Works is a premium business content provider with a ...

Core Viewpoint - Baidu is expanding its autonomous taxi service "Apollo Go" into overseas markets, leveraging its experience in China to target higher-priced markets in Asia, the Middle East, and Europe by 2026 [2][4]. Group 1: Business Expansion - Baidu's autonomous taxi service is currently operational in over 10 cities in China, including Wuhan and Beijing, with plans to enter Asian and Middle Eastern markets in the second half of 2025 and Europe in 2026 [2][4]. - The company has partnered with Uber to facilitate rides in Asia and the Middle East, and with Lyft to enter the European market, starting services in the UK and Germany in 2026 [5]. - Baidu aims to establish a strategic partnership with Autogo in the UAE, planning to deploy over 1,000 autonomous vehicles in Dubai by 2028 [7]. Group 2: Financial Performance - In Q2 2024, Baidu's autonomous driving business saw a 34% year-on-year increase in revenue, reaching 10 billion yuan, with operational rides increasing to 2.2 million, 2.5 times that of the same period in 2023 [4]. - The company anticipates that its operations in Wuhan will break even by 2024 and become profitable by 2025, as the local taxi fares are significantly lower than in major cities like Beijing and Shanghai [7]. Group 3: Market Dynamics - The autonomous taxi market in China is projected to reach $11.7 billion by 2030, indicating substantial growth potential [9]. - Baidu's sixth-generation autonomous vehicle "RT6" is priced at 200,000 yuan, which is less than half the cost of vehicles used by competitors like Waymo, enhancing its competitive edge [7][8]. Group 4: Challenges and Considerations - Baidu faces challenges in expanding overseas due to increasing concerns in Europe and the US regarding data privacy and security related to Chinese companies [9]. - Strategies to mitigate consumer resistance may include partnerships with local ride-hailing services and allowing local companies to own data [9].

百度Q2总营收达327亿元，归属百度核心的净利润74亿元，同比增长35%，超出市场预期。受AI驱动，涵盖智能云在内的AI新业务收入增长强劲，首次 超过100亿元，同比增长34%。 季度内，萝卜快跑全球出行服务次数超220万，同比增长148%，累计出行服务次数超1400万，位居全球第一。据IDC报告，百度智能云连续六年位居中 国AI公有云市场第一。 20日，百度集团公布的第二季度业绩显示： | | | | Baidu, Inc. | | | | | --- | --- | --- | --- | --- | --- | --- | | (In millions except per | Q2 | Q1 | Q2 | | | | | ADS, unaudited) | 2024 | 2025 | 2025 | | YOY | QOQ | | | RMB | RMB | RMB | US$ | | | | Total revenues | 33,931 | 32,452 | 32,713 | 4,567 | (4 %) | 1 % | | Operating income | 5,944 | 4,508 | 3,2 ...

百度Q2总营收达327亿元，归属百度核心的净利润74亿元，同比增长35%。受AI驱动，涵盖智能云在内的AI新业务收入首次超过100亿 元，同比增长34%。萝卜快跑全球出行服务次数超220万，同比增长148%，累计出行服务次数超1400万，位居全球第一。 20日，百度集团公布的第二季度业绩显示： 百度Q2总营收达327亿元，归属百度核心的净利润74亿元，同比增长35%，超出市场预期。受AI驱动，涵盖智能云在内的AI新业务收 入增长强劲，首次超过100亿元，同比增长34%。 第二季度营收327.1亿元，同比下滑4%。基本符合市场预估的327.4亿元。 调整后（Non-GAAP）净利润为48.0亿人民币，同比下滑35%。 调整后营业利润44.5亿元，同比下降41%，超出市场预估的39.7亿元。 自由现金流转为负47亿人民币。 | | | | Baidu, Inc. | | | | | --- | --- | --- | --- | --- | --- | --- | | (In millions except per | Q2 | Q1 | 02 | | | | | ADS, unaudited) | 2024 | ...

Core Insights - The issuance of new "driverless" demonstration operation licenses in Shanghai is expected to significantly support the growth trajectory of the RoboTaxi industry, as highlighted by Goldman Sachs [1][3] - Goldman Sachs has raised its long-term forecast for the Chinese RoboTaxi market, predicting a market size of $14 billion by 2030 and $61 billion by 2035, with fleet sizes of approximately 535,000 and 2.3 million vehicles respectively [2][7] Group 1: Market Developments - Eight companies, including Pony.ai and Baidu, have received licenses to operate "driverless" vehicles in designated areas, marking a significant step towards commercialization [1][4] - The Shanghai Municipal Commission of Economy and Informatization plans to gradually expand the open areas for autonomous driving, aiming for full coverage of testing roads in the Pudong New Area by the end of the year [1][6] Group 2: Company Activities - Pony.ai has obtained a license for fully driverless RoboTaxi services in Shanghai's Pudong New Area, starting operations in specific districts [4] - Baidu's Apollo Go will collaborate with Shanghai Public Transport for its RoboTaxi services [4] - WeRide has partnered with Chery Automobile and Jinjiang Taxi to secure a RoboTaxi service license, while SAIC's IM Motors and Xiangdao Travel have also received new demonstration operation licenses [5] Group 3: Industry Outlook - Goldman Sachs emphasizes that the positive outlook for the RoboTaxi industry is driven by advancements in software and hardware, cost reductions in vehicle material bills, and the expansion of the ecosystem among operators, manufacturers, and asset owners [7] - The total length of open testing roads in Shanghai has surpassed 2,700 kilometers, with plans to achieve over 5,000 kilometers by 2027 [6]

Group 1: Market Overview - The Hang Seng Index opened high but closed down by 72 points or 0.3%, ending at 24,517 points, after reaching a peak of 24,867 points during the day, marking a nearly four-month high since March 19 [3] - The total trading volume for the day was 258.95 billion HKD, with a net inflow of only 1.6 billion HKD from northbound trading [3] Group 2: Company Developments - Baidu's autonomous driving service platform, Apollo Go, has established a strategic partnership with Uber, leading to a 1% increase in Baidu's stock price, closing at 88.55 HKD [4] - MicroPort Medical's board is considering a non-binding proposal to merge its cardiac rhythm management business with MicroPort Cardiac [13] - Non-Fungible Leadership has increased its stake in Li Ning Company by acquiring 28.57 million shares for approximately 455 million HKD, raising its ownership to about 12.34% [14] - DCH Holdings reported a 2% year-on-year decline in revenue for the first fiscal quarter, amounting to 915 million USD, attributed to a sluggish macroeconomic environment [15] Group 3: Industry Insights - The London Metal Exchange (LME) has officially opened its warehouse in Hong Kong, with the first batch of metals including 5,975 tons of copper and 396 tons of nickel, marking a significant step for Hong Kong as a global metal hub [7] - Hong Kong's asset management sector has seen a growth of 13% year-on-year, with total assets under management exceeding 35 trillion HKD, and net inflows rising by 81% to 705 billion HKD [8] - Nvidia's CEO expressed optimism about the development of China's robotics industry, highlighting China's strong capabilities in mechatronics and its vast manufacturing base [9] - The EU-China Automotive Working Group discussed the impact of global trade changes on EU policies, particularly regarding tariffs on Chinese electric vehicles [10]

据知情人士透露，总部位于北京的百度已在与Swiss Post旗下提供公共巴士服务的部门PostAuto进行商谈，以便在瑞士推 出萝卜快跑(Apollo Go)无人驾驶出租车服务。知情人士称，百度计划未来几个月内在瑞士设立当地实体，并在今年年底 前开始测试该技术。这些知情人士称，百度计划在土耳其推出萝卜快跑。中国和美国的自动驾驶公司希望通过网约车服 务以及用于消费者车辆的先进驾驶辅助系统将其技术商业化。 中东是另一个关键战场，在那里，优步已与百度的中国竞争对手合作部署无人驾驶出租车。文远知行本月早些时候表 示，将于今年年中前与优步在阿布扎比共同推出至少50辆无人驾驶出租车，并扩大了合作伙伴关系，计划在未来五年内 将自动驾驶汽车推广到另外15个城市，包括欧洲城市。小马智行(Pony AI)表示，今年将与优步在中东地区的一个关键市 场推出自动驾驶汽车服务。小马智行的投资者包括丰田(Toyota)。百度在3月表示，计划今年年底前在迪拜市中心部署 100辆完全自动驾驶汽车，并力争到2028年将其车队规模扩大到至少1000辆。该公司打算推进去年12月在香港启动的萝 卜快跑测试，在无人驾驶车辆中搭载乘客。 特斯拉(Tesl ...

· 2025 年 5 月 15 日 国都港股操作导航 海外市场重要指数 收市 幅度 道琼斯工业指数 42051.06 -0.21 标普 500 指数 5892.58 0.10 纳斯达克综合指数 19146.81 0.72 英国富时 100 指数 8585.01 -0.21 德国 DAX 指数 23527.01 -0.47 日经 225 指数 38128.13 -0.14 台湾加权指数 21782.87 2.12 内地股市 上证指数 3403.95 0.86 深证成指 10354.22 0.64 香港股市 恒生指数 23640.65 2.30 国企指数 8593.07 2.47 红筹指数 3868.93 1.31 恒生科技指数 5381.78 2.13 AH 股溢价指数 133.91 -0.73 恒生期货 (05 月) 23554 0.16 恒生期货 (06 月) 23443 0.13 国都香港研究部 电话：852-34180288 网址：www.guodu.com.hk 发现香港市场的中国价值 Discover China Value in Hong Kong 星期四 每日港股导航 2025 年 5 月 15 ...

每经记者｜可杨 每经编辑｜张海妮 丨 2025年5月15日 星期四 丨 NO.1 百度萝卜快跑将进军欧洲 报道称，百度正积极扩展海外市场，其无人驾驶网约车服务萝卜快跑（Apollo Go）正准备在欧洲展开 首次测试。此外，消息称，百度已与瑞士的PostAuto（瑞士邮政旗下的公共巴士服务提供商）展开谈 判，双方计划在今年年底前启动Apollo Go的测试，百度未来几个月内将在瑞士建立本地实体，确保技 术顺利落地。 有消息称，AI（人工智能）智能体平台Manus母公司"蝴蝶效应"正按15亿美元估值进行新一轮融资，融 资规模预计为1亿美元。消息人士称，本轮融资将有国资参与，所筹集的资金将主要用于发展中国市场 业务。对此，"蝴蝶效应"官方公开否认，称此消息严重失实。 点评："蝴蝶效应"融资传闻的出现，再次凸显了市场对AI初创公司融资的高度关注。然而，这一事件也 提醒我们，市场需要更加谨慎地对待未经证实的消息。 NO.3 三体计算星座正式组网 我国在酒泉卫星发射中心使用长征二号丁运载火箭，成功以"一箭十二星"的方式将太空计算卫星星座发 射升空，卫星顺利进入预定轨道，标志着我国整轨互联太空计算星座"三体计算星座"正式进 ...

新加坡副总理王瑞杰周二表示欢迎 百度 (BIDU.US；9888.HK)将其萝卜快跑(Apollo Go)自动驾驶出租车服务 引入这个东南亚城市。此举可能成为百度自动驾驶出行服务全球扩张计划的重要里程碑。 另据媒体报道，知名投资人凯西·伍德(木头姐)近期增持了百度股票。百度是中国大语言模型和自动驾驶领 域的领军企业之一。 About Us Bamboo Works 咏竹坊 专注于报道中概股新闻。 用高质量的中英文内容帮助中国企业讲好中 国股事，触达全球投资者。 我们的报道也通过全球各大财经平台进行分发。日均触达200,000人次的全球投资者。 如需咨询，请联系 info@thebambooworks.com Bamboo Works is a premium business content provider with a strong focus on overseas listed Chinese companies. We provide high quality, in-depth coverage to help investors and others to better understand t ...