Baidu, once seen as China’s answer to Google, hopes for a second chance in smart vehicles ahead of secondary listing in Hong Kong

• Baidu’s US$3.1 billion secondary listing reveals how one of China’s first internet companies wants to stake a claim in China’s ever-evolving digital future
• The company’s AI cloud service has grown rapidly in recent years, with non-marketing revenue posting a 28 per cent year-on-year increase to US$1.9 billion last year