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Alibaba Newsroom
Jack Ma appears at the Alibaba campus!
On the afternoon of November 29, several netizens posted pictures and text on social media, claiming that they encountered Jack Ma in Area C of Alibaba Xixi Park that afternoon.
alibaba-W(09988) completes the issuance of unsecured senior notes.
alibaba-W (09988) announced that it will complete the issuance of a total principal amount of 26... on November 26, 2024.
Net inflow of 0.829 billion Hong Kong dollars in Meituan shares through the Stock Connect.
There is a net inflow of funds from Beishui Nanxiang to Meituan (03690.HK), Alibaba (09988.HK), and Tencent (00700.HK), reaching 0.829 billion Hong Kong dollars, 0.42 billion Hong Kong dollars, and 0.36 billion Hong Kong dollars respectively. There is a net outflow of funds from Beishui Nanxiang to Xiaomi Group (01810.HK) and SMIC (00981.HK), reaching 0.252 billion Hong Kong dollars and 12.71 million Hong Kong dollars respectively. The highest net inflow of funds from the Hong Kong Stock Connect (Shanghai) among active stocks is Meituan (03690.HK) with 0.51 billion Hong Kong dollars, while the highest net outflow of funds is from the tracker fund of Hong Kong (02800.HK) with 1.516 billion Hong Kong dollars.
Open source and equally capable as O1! Alibaba and Hifanty successively release heavyweight new products, large-scale reasoning model closely approaching OpenAI.
The rise of large inference models in the industry provides an opportunity for smaller AI developers to catch up, and the development costs of inference models are lower than those of traditional large models. Latecomers can reference research papers and data from organizations like OpenAI when building large models.
Express News | Jack Ma appeared at the alibaba campus.
Alibaba (09988.HK) 1688 platform launches "1688 Source Selection" private label business brand, expected to recruit up to 500 employees.
Alibaba-SW (09988.HK) (BABA.US) launched the '1688 Source Selection' private label business brand under its 1688 platform, aiming to meet the demands of home managers for high cost-effective commodities and drive the digital transformation of upstream manufacturers' supply chains. Through this platform, factories can more easily carry out private label businesses, achieving direct interaction with consumers. As a wholly-owned subsidiary of 1688, the new company is expected to recruit 300 to 500 employees and is seen as an important investment-oriented business.
Express News | Alibaba's 1688 launches the OEM business brand "1688 Source Selection".
Reported Thursday, Baijiayun Joins Forces With Alibaba's DingTalk, Secures Industry Service Provider Certification
Alipay collaborates with greentown ser (02869.HK) and Ele.me to launch the "Knock to Open" feature.
Alipay has announced that it recently launched the "Tap to Open" feature in collaboration with greentown ser (02869.HK) and alibaba (09988.HK) for delivery services. Owners, visitors, delivery personnel, couriers, and housekeeping staff can complete registration and enter the community in as little as 3 seconds using the Alipay "tap" feature. Currently, over 3,000 greentown ser communities nationwide can use this service. In addition, over 3,000 brand counters at Intime Department Stores across the country have added handheld "tap" devices to provide customers with a quick payment experience. Furthermore, there are already 0.1 million restaurants nationwide applying the Alipay "tap to order" feature.
Alibaba Cloud open sources a brand new AI inference model QwQ
According to reports from domestic media, Alibaba Cloud Tongyi team has launched and simultaneously open-sourced a brand new AI reasoning model - QwQ-32B-Preview. Evaluations show that the preview version of QwQ (Qwen with Questions) exhibits graduate-level capability in scientific reasoning, especially excelling in mathematics and programming, with overall reasoning abilities comparable to OpenAI's o1. The Tongyi Qianwen team discovered that when the model has enough time to think, question, and reflect, its understanding of mathematics and programming deepens. QwQ can deeply analyze complex problems.
Buyback gathering on November 28th | tencent, aia insurance, etc. have all repurchased, with tencent spending 0.7 billion Hong Kong dollars.
According to the disclosure on November 29 by hkex, tencent bought back 1.75 million ordinary shares on November 28, involving 0.7 billion Hong Kong dollars, with a repurchase price ranging from 403.8 Hong Kong dollars to 397.6 Hong Kong dollars per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.195 billion shares, accounting for 2.072% of the number of shares issued when the ordinary resolution was passed. aia bought back shares on 11
[Brokerage Focus] Bocom Intl: Bullish on the easing competition and steady performance of OTA/local life in 2025.
Bocom Intl released the 2025 outlook for the internet industry, with new policies progressing one after another, the stimulating effect on online and offline consumption may be reflected the fastest. Bullish on internet trading platforms, relatively essential and rapidly stimulating consumer categories, as well as the software industry benefiting from AI empowerment and recovery in semiconductor innovation. It is recommended to focus on core business steady growth, improvement in profitability, and valuation repair opportunities brought by high shareholder returns. The bank is optimistic about the competition easing and sustained performance stability in OTA/local lifestyle, with significant valuation repair opportunities in e-commerce > education > gaming > software. OTA: Mainland hotel ADR pressure easing, outbound business.
Daily Bull and Bear | The Hang Seng Index futures closed at 19,455 points, with an inflow of 61 million HKD in net long positions yesterday! HSBC: Meituan will announce results today, pay attention to related warrants.
As of the close, the Stock Market had a turnover of 108.2 billion Hong Kong dollars; the total turnover of all Warrants amounted to 11.8 billion Hong Kong dollars, accounting for 10.9% of the market turnover, with a 6.9% proportion of Bullish Warrants and a 4.1% proportion of Bearish Warrants.
Express News | Taobao plans to clarify the dispute handling standards for auto parts commodities.
Statistics of capital trend for Hong Kong Stock Connect (T+2) | November 29
Capital trend of Hong Kong Stock Connect | November 29
Express News | Stock market + Buyer's era, Consumer new forces explore the path to growth.
Zhou Hongyi: In the era of AI, internet plus-related companies are no longer the main characters; traditional enterprises are.
On the evening of November 28, at the 'Shanxi Night' event of the 2024 World Zhejiang Merchants Conference, Zhou Hongyi, founder, director, and CEO of 360 Group, was invited to introduce Linfen, shanxi. Zhou Hongyi pointed out that in the AI era, entering the second half of digitalization or the second half of the internet, internet companies are no longer the protagonists, the real protagonists are traditional enterprises. Therefore, for cities like Linfen, shanxi, the biggest temptation for digital enterprises is the presence of a large number of traditional enterprises, such as coking steel, which have a lot of room for digital transformation. Zhou Hongyi emphasized that in china, large-scale models need to be done well.
AI guru started to shuffle madly.
Integration is on the rise.
Express News | In 2024, the Digital Industry Ecology Partners Conference will be held in Chongqing.
Express News | Alibaba announced on the Hong Kong Stock Exchange that it has completed the issuance of USD 2.65 billion-denominated senior unsecured notes and RMB 17 billion-denominated senior unsecured notes.