Baidu Hong Kong shares touch eight-week low on lower quarterly revenue

Baidu

27/02/2026 02:35

** Hong Kong shares of Baidu Inc 9888.HK slip 1.1% to HK$122, their lowest point since December 30, and on course for a fourth consecutive session of decline

** U.S-listed stock BIDU.O fell 5.7% on Thursday

** China's largest search engine operator reported a 4% revenue drop for its December quarter on Thursday, as persistent weakness in its mainstay advertising business offset strong growth in its cloud business.

** YTD, Hong Kong stock down 6.7%, U.S.-listed shares down 4.2%, while the benchmark Hang Seng Index .HSI is up 3.2%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))