Reduced stake by 35,000 shares, a net value change of $2.11 million Post-trade holding: 111,100 shares valued at $14.64 million Baidu now accounts for 3.94% of 13F AUM, which places it outside the fund's top five holdings
Sold 470,623 shares of Baidu; estimated $40.36 million net position change Post-trade stake is zero shares, valued at $0 Position was previously 7.9% of the fund's AUM as of the prior quarter
Sold 128,915 shares for an estimated $11.06 million net position change Fund now holds zero shares of Baidu, valued at $0 post-trade The Baidu stake was previously 2% of the fund's AUM as of the prior quarter
Alibaba (BABA) is reportedly revamping its AI app, renaming it Qwen, to more closely resemble ChatGPT and enhance shopping features. Baidu (BIDU) unveiled new AI chips, supporting China's push for tech independence with launches planned for 2026 and 2027.
Baidu unveiled two artificial intelligence chips as Chinese tech giants ramp up their chip-making efforts amid China's push for technological self-sufficiency.
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