Hong Kong-listed shares in China's Baidu , rebounded 15.7% on Friday as users told of their experiences with the Ernie bot, recouping losses from a day earlier prompted by the chatbot's launch, which failed to impress.
On Thursday, viewers of the Chinese search engine giant's presentation panned the company's lack of a live demonstration and a public launch, comparing it unfavourably to the capabilities and free-to-use launch of U.S. research lab OpenAI's ChatGPT in November.
Analysts also said the initial disappointment the market felt from the launch was tempered by the realisation that the Chinese search engine giant was still best placed to build China's strongest rival to ChatGPT.
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