On October 31, 2025, Baidu Inc. was included in a quantitative analysis report by Smartkarma focusing on the earnings per share (EPS) revisions for component stocks of the Hang Seng TECH Index during October. The report highlighted Baidu among other major technology companies whose earnings estimates have been revised. This type of analysis is monitored by investors to gauge shifts in profitability expectations for key tech players. The report is part of a series of daily briefings that provide quantitative insights into market indices and component stocks, including the HSCEI and HS TECH Index. No specific details regarding the magnitude or direction of the earnings revision for Baidu were available in the initial report, nor was there any immediate, discernible market reaction discussed. The inclusion of Baidu simply notes that its earnings forecasts have been a subject of analyst adjustments during the month.