CLSA released a research report, covering BIDU-SW (09888.HK) 0.000 (0.000%) Short selling $236.16M; Ratio 20.051% , of which core 4Q25 results may have continued to be affected by the transformation of AI search. Yet, the broker assumed that the YoY decline in total revenue and adjusted EBIT could narrow. CLSA predicted that Baidu's cloud business revenue growth may slow to about 10% YoY on a high base, but with the broadened application of AI in China, the business was expected to resume growth this year, with an estimated increase of 20%. The broker looked forward that Baidu's Robotaxi and Kunlunxin can maintain strong growth. It also mentioned that the group's recent large-scale personnel optimization will support profit recovery this year. CLSA raised Baidu's (BIDU.US) US stock TP from USD160 to USD176, maintaining an Outperform rating.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-02-16 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)