Report of November 9, Baidu Chairman and Chief Executive Officer Robin Li led a team of dozens of people to Hong Kong University of Science and Technology for recruitment yesterday, answering various questions raised by top students in terms of career planning and personal development. Known as one of the "top three global search technologies," Robin Li still retains his engineer characteristics: "The most important factor in the development of Internet companies is human factors."
According to relevant personnel from Baidu, Baidu will take this recruitment in Hong Kong as the starting point to focus on overseas universities and recruit top talents from universities around the world. Previously, Baidu has offered an annual high salary of 300,000 RMB for top excellent technical graduates in mainland China. In Hong Kong, where the average wage level is higher, this graduate salary cap will be significantly broken, and it will set a benchmark for Baidu's future larger-scale recruitment of overseas graduates.
Industry commentators believe that Hong Kong students were enthusiastic about Baidu's visit and are willing to work for Baidu in mainland China, indicating that Baidu's appeal to talent is internationally competitive. Baidu's move to recruit overseas university graduates in Hong Kong fully demonstrates Baidu's ambition in its internationalization strategy.
According to the latest survey by the China Internet Network Information Center (CNNIC), Baidu's first-choice share in the Chinese market is as high as 74.5%, far ahead of other major competitors. Currently, Baidu's stock price has risen to around $400, with a market value exceeding 100 billion RMB. Compared to the initial $1.2 million venture capital investment when it was founded in 2000, Baidu has created more than ten thousand times value growth. Recently, famous American investment analyst Jim Cramer published an article stating that four stocks, including Baidu and PetroChina, are the most investment-worthy stocks in China.