$BIDU-SW(09888.HK)Today I checked Baidu's stock price. In this mini bull market, Baidu has performed the worst, but it's not surprising. Apart from Baidu Search, Baidu really has nothing else to offer. For over a decade, it has been relying on its old achievements. It claims to be the earliest Chinese tech company to invest in AI, but in reality, it started early but arrived late. It has tried everything but achieved nothing. Its autonomous driving technology is unused, and despite starting its large models years ahead of others, it has no competitive advantage. With a PE ratio of just over 10, Baidu's stock is like 'tasteless when eaten but a pity to discard.' When will this declining company hit rock bottom and rebound? It's safe to say the odds are slim.

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