Wall Street optimistic about Baidu artificial intelligence reducing Google Ali

: On February 13, according to the SEC supervision document, as Baidu’s share price rose in August 2016, Baidu’s investment company increased from 1 to 57 in the third quarter.

According to regulatory documents, the Pacific Tiger Fund (TPC) has recently invested a total of US$116 million in its portfolio and purchased five stocks at the end of 2016. Among them, TPC spent 59 million US dollars to buy 54,300 shares of Baidu stock, the stock adjusted income of 1.49 US dollars per share, exceeding analyst expectations of 1.11 US dollars. In addition, 18 institutions including HARTING LOEVNER and ANTIPODES PARTNERS have added about 1.32 million Baidu shares. With Baidu's artificial intelligence transformation, the establishment of Baidu Venture Capital and Baidu Capital, Wall Street's attitude toward Baidu seems to have undergone a marked change. JP Morgan, Bank of Communications International, and HSBC have all raised Baidu's rating changes.

However, Alibaba, which is also a medium-sized stock, failed to gain Wall Street's favor. Although investment banks such as HSBC, Deutsche Bank, BOC International and Guotai Junan still give Alibaba a Buy rating, this does not allow investors to rebuild their confidence in Alibaba.

In the middle of 2016, Alibaba.com first sold 6.6 million shares to Tiger Global, and then George Soros sold 4.38 million shares. At the end of the year, just 900,000 shares were put up for investment by Xinsilu Road and were collectively sold by 21 institutions including Sosloff Capital and Genesis Capital, reducing approximately 650,000 shares. Alibaba’s investment in AR glasses has failed and the artificial intelligence deployment has slowed down Wall Street.

With the same artificial intelligence enterprise, Google has still not been able to please Wall Street.

As of December 31, 2016, GATEWAY, Weaverton Investment Management, HERMES, and more than 40 institutions have reduced 120,000 shares of Google shares, including HARTING LOEVNER, HERMES INVESTMENT MANAGEMENT, OVERLOOK, and Weaverton Investment Management. A number of agencies, including ANTIPODES PARTNERS and GATEWAY, have reduced their holdings of Google’s shares while increasing their shares in Baidu.

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