Morningstar Asia analyst on Baidu's Ernie Bot

The transcript discusses a showcase of Baidu's chatbot technology, focusing on its potential use cases and revenue impacts. It compares Baidu's offerings with competitors like ChatGPT and highlights Baidu's strong market position in advertising. The discussion also covers Baidu's key verticals, such as healthcare and ecommerce, and provides a stock price target based on margin expansion. Additionally, it examines the tech industry's stress and recovery trends, noting the impact of regulations and market dynamics.

What signs of recovery are observed in the Chinese consumption story for 2023?

What is the price target for Baidu's stock and what factors contribute to this target?

How is the regulatory environment affecting the tech industry according to the speaker?