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Beijing Zhipu Huazhang Technology, Baidu, Xinyi Glass Material Stocks
As material stocks for September 1, Beijing Zhipu Huazhang Technology reported revenue of 954 million yuan for the interim period ending June 2026, up 399.7% year-on-year, with a net loss of 2.071 billion yuan (compared to a net loss of 2.351 billion yuan in the same period last year), falling short of market expectations of 1.395 billion yuan in revenue and a net loss of 2.164 billion yuan. Baidu switched its listing status on the Hong Kong Stock Exchange from "secondary" to "primary," making it a "dual primary listing" on both the Hong Kong market and the Nasdaq market in the U.S. Xinyi Glass announced that its wholly-owned subsidiary, Xinyi Automobile Glass Holdings, has submitted a listing application for the main board of the Hong Kong Stock Exchange.