T.H. Capital - Baidu Inc Sponsored ADR Class A (K3SD) BIDU: Expect In Line 2Q24 Results; Monetization In AI Is Taking Time To Drive Overall Growth

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T.H. Capital

Tian Hou

EUR 474.20 For Business Accounts Only

BIDU: Expect In Line 2Q24 Results; Monetization In AI Is Taking Time To Drive Overall Growth

Baidu's business seems to be at a crossroads. Its AI initiatives have not yet delivered the expected results to become BIDU’s growth driver, and China's economic downturn has further hindered its search advertising growth.

08/08/2024 5 EN

Underlying

Baidu Inc Sponsored ADR Class A

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US0567521085 Singapore Exchange Cayman Islands

Provider

T.H. Capital

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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Analysts

Tian Hou

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BIDU: Expect In Line 2Q24 Results; Monetization In AI Is Taking Time To Drive Overall Growth

China Internet: Encouraging monetisation visibility from adtech and LLM upgrades.

China Internet: Key takeaways from marketing trip.

China Internet: Government policy rollout to boost consumption and drive valuation repair.

BILI: Cautious On Long-Term Outlook Due To Competition And Market Saturation

BEKE: Positive On BEKE’s 2024 Outlook and 2Q24 Performance As China’s Housing Market Is Showing Signs of Modest Recovery Supported By Policies

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