BIDU: Benefiting From AI In 2H2018 While Maintaining Growth; Maintain BUY
BIDU will report 4Q17 results on Tuesday, February 13, 2018 after the market closes followed by an 8pm EST conference call. We believe BIDU’s business is entering a new phase with its aggressive development of news feed and AI. Our data show that the total usage for Baidu search and mobile APP has increased due to news feed, and views and paying users of iQiyi has also increased.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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