Aliyun: Promoting the transformation and growth of Asia Enterprises with the "Cloud + AI" strategy.

Alibaba Cloud, a subsidiary of Alibaba-W (09988.HK), stated that it is seizing the trend of surging demand for AI and continues to drive technological innovation across multiple Industries, including technology development, imaging, travel, beauty, and Medical Care. With the "Cloud + AI" development strategy, Alibaba Cloud has achieved significant growth in external customer revenue. According to Alibaba's latest announcement, as of the second quarter Earnings Reports ending September 30, 2024, the public cloud business has achieved double-digit growth, while revenue from AI-related products has recorded triple-digit growth for five consecutive quarters. Over the past year, enterprises have been reshaping operations and customer experiences using Alibaba Cloud's leading cloud solutions.

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Zhang Qianjia, co-head of UBS's Asian Equities Capital Markets Department, said that since the beginning of the year, the number of Hong Kong IPOs has been relatively negative. Currently, there are still many (IPO) projects in the UBS pipeline (IPO). When

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