Rakuten Trade Research Reports

Foreign Equities (HK) - BAIDU INC-CLASS A

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Publish date: Thu, 13 Feb 2025, 10:54 AM
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TECHNICAL ANALYSIS

Technical chart: BAIDU INC-CLASS A

BAIDU may trend higher after it crossed above the 20-day and 50-day EMAs with strong volume a few sessions ago. The recent bullish EMA crossover reflects robust buying interests, further supporting the upward movement. Additionally, the MACD consistent upward movement, along with its position above the signal line, highlights strong momentum in the short term.

Resistance/Support Level
R2100.00S185.00
R195.00S282.00

Fundamentals

Net profit is expected to grow at a CAGR of 7% for the next 3 years with strong net margins of about 19%.

HKD (m)FY2024YFY2025YFY2026Y
Revenue141,264.0146,869.0154,613.6
Net Profit26,679.127,109.029,682.8

Source: Rakuten Research - 13 Feb 2025

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