Baidu CEO Li on Secondary Listing in Hong Kong, Strategy

The transcript discusses Baidu's secondary listing in Hong Kong, aimed at attracting Asian investors and mitigating US-China tensions. It highlights the company's financial strategy, including raising funds in US dollars for flexibility in investments and acquisitions. The growth prospects for Baidu's AI and cloud services are promising, with non-advertising revenue expected to overtake advertising revenue. The company is exploring various monetization strategies, such as membership fees, live streaming, and e-commerce, to capitalize on its large user base.

What is the expected growth rate for Baidu's business this year compared to last year?

In what ways does Baidu plan to monetize its traffic beyond advertising?