HK Stock Market Move | BIDU-SW (09888) up nearly 5% again, Baidu officially releases Wenxin Big Model 5.0 official version today.

BIDU-SW(09888) rose nearly 5%, with a cumulative increase of over 40% in the past two months. As of the time of writing, it rose by 4.42% to 160.5 Hong Kong dollars, with a turnover of 1.317 billion Hong Kong dollars. On the news front, according to the Science and Technology Innovation Board Daily, Baidu officially released the Wenxin 5.0 official version today. Based on native full-modal modeling, it has 24 trillion parameters and supports various information understanding outputs such as text, images, audio, and video. Currently, the Wenxin 5.0 official version can be called on Baidu's Qianfan platform, and other Baidu AI products such as Wenxin Yiyuan official website, Baidu Huibo star, and Wenxin Assistant have also been integrated. Haitong International released a research report stating that the value released by Baidu's subsidiary Kunlun Core after its IPO can increase Baidu's valuation. The bank, through channel checks, believes that Kunlun Core is among the top ASIC manufacturers. In the past 30 days, the market value of Cambricon has mostly remained around 83.5 billion US dollars. If the current market sentiment continues, it is expected that Kunlun Core will reach a similar valuation at the time of IPO.