Movement Alert|Baidu Group Declines 3.05% in Regular Trading, Pulling Back After Create 2026 AI Conference Rally

Market Focus05-15

On May 15, Baidu Group-SW fell 3.05% in regular trading to HK$136.8, with turnover of HK$277 million, retreating from the over-three-month high reached in the prior session.

The pullback comes after Baidu surged more than 7% on May 14 following its Create 2026 AI Developer Conference held on May 13-14 in Beijing. At the event, CEO Robin Li delivered a keynote titled \"Self-Evolution\" and introduced \"DAA (Daily Active Agents)\" as a new metric for the AI era. Executive Vice President Shen Dou disclosed that KunLun Chip P800 has completed large-scale validation and delivered multiple 10,000-card clusters since 2025. Additionally, training of a key version of ERNIE 5.1 was completed on a fully domestic KunLun cluster, achieving a 97% effective training rate and over 85% linear scalability. The Tianchi 256-card super node is expected to launch in June. Baidu also unveiled upgrades to its agent product lineup including DuMate, Miaoda, and Famou.

Within the Interactive Media & Services sector, performance was mixed: MEITU up 1.89%, Tencent up 1.03%, Newborn Town down 0.59%, Kuaishou down 1.79%, and Bilibili down 6.65%.

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