On Tuesday, Baidu Inc. (HKG:09888) shares edged lower 1.92% despite announcing a strategic partnership with China Gas Holdings Ltd (HKG:00384). The two companies have teamed up to drive digital transformation in the energy and power sector. According to the agreement, both companies will establish advanced digital management systems for the oil and gas company and set up a technology committee that will incorporate industry practices to raise standards. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. The companies will utilize emerging technologies like artificial intelligence of things ‘AIoT’, inspection robots, smart energy, and...