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Alibaba Group Holding Limited (BABA) Restructures AI Teams to Enhance Consumer Products and LLM Research
Express News | The draft law to promote the private economy is submitted for review at the National People's Congress Standing Committee meeting.
Alibaba Options Spot-On: On December 20th, 212.6K Contracts Were Traded, With 3.15 Million Open Interest
On December 20th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 212.6K options for the day, of which put options accounted for 21.5% of the total transactions, and
OpenAI has released the next generation of simulation reasoning models, o3 and o3-mini.
On Friday, the 12th day of the "OpenAI 12-Day Event," OpenAI CEO Sam Altman announced its latest AI "reasoning" models o3 and o3-mini, which are developed based on the o1 model introduced earlier this year. The company has not yet released these models, but they will be made available today for public safety testing and research. These models use what OpenAI calls "private thought chains," where the model pauses to check its internal dialogue and plans ahead before responding, which can be referred to as "simulated reasoning" (SR), a form of reasoning that goes beyond.
Investing in Hong Kong, Alibaba has arrived! Alibaba's Entrepreneur Fund has established a 0.15 billion dollar AI Fund.
① Alibaba's Entrepreneur Fund announced the establishment of an AI Fund, amounting to 0.15 billion USD, primarily covering Industries where AI can be deeply applied. ② Almost at the same time, ByteDance founder Zhang Yiming also arrived, and his investment Institutions officially acquired Hong Kong's No. 9 license to start investing in the AI field. ③ This year, Hong Kong ranks eighth among the top ten regions globally in terms of total financing for AI enterprises.
Institutional Owners May Ignore Alibaba Group Holding Limited's (NYSE:BABA) Recent US$11b Market Cap Decline as Longer-term Profits Stay in the Green
Annual review | North funds aggressively bought Hong Kong stocks! Net buying exceeded 770 billion Hong Kong dollars for the year, with Alibaba attracting over 82 billion.
As of December 19, the cumulative transaction of southbound funds through the Hong Kong Stock Connect this year has exceeded 10 trillion, surpassing the entire amount of last year, with an overall increase of nearly 50%.
BABA-SW (09988.HK) event comment: The impact of WeChat Mini Store gift-giving on e-commerce is expected to be small. Reaffirming a strong recommendation at the bottom of Alibaba's valuation.
The gray test of the "gift giving" feature in WeChat Mini Stores has raised concerns in the market regarding the e-commerce landscape and Alibaba's market share. We believe that the market space for gift giving in WeChat Mini Stores is limited and, in the long run, does not provide the same level of value fulfillment in terms of "fast, good, cheap, and efficient" for consumers compared to traditional shelf-based e-commerce.
Express News | Alibaba: On December 19, approximately 39.9918 million US dollars was spent to repurchase 3.7808 million shares.
The "Regulations on the Reporting of Tax-related Information by Internet Platform Enterprises" is open to public opinion.
The tax authorities will keep the obtained tax-related information confidential according to the law, establish a data security management system for tax-related information in accordance with relevant regulations, and ensure data security.
The TRACKER FUND OF HONG KONG had a net Outflow of 4.192 billion Hong Kong dollars.
The northbound capital inflow to Tencent (00700.HK), SMIC (00981.HK), and WEIMOB INC (02013.HK) reached 2.814 billion HKD, 1.504 billion HKD, and 0.594 billion HKD respectively. The northbound capital outflow from TRACKER FUND OF HONG KONG (02800.HK), Alibaba (09988.HK), and Kuaishou-W (01024.HK) reached 4.192 billion HKD, 0.936 billion HKD, and 0.133 billion HKD respectively. The highest net capital inflow for active stocks from SH->HK Connect was 1.89 billion HKD for Tencent (00700.HK), and the highest capital...
Cainiao has reached a cooperation with Kuanli Tires to launch the first warehouse automation project.
Alibaba-W (09988.HK) (BABA.US) logistics flagship Cainiao Group recently announced a collaboration in the field of Logistics Technology with Tongli Tire, a subsidiary of Huqiao Rubbers Industrial Conglomerates. The two parties have officially launched their first warehousing automation project, aimed at upgrading Tongli Tire's automated warehousing logistics system, enhancing overall operational efficiency, and will jointly explore warehousing automation and digital transformation to promote sustainable development in the Industry.
Guizhou Aviation has formed a strategic cooperation with 1688 to establish a procurement and sourcing platform for the aviation industry.
Sina Technology News, on the afternoon of December 20, reported that recently, Guizhou Zhonghang International Logistics Co., Ltd. (hereinafter referred to as "Guizhou Zhonghang") signed a strategic cooperation agreement with Alibaba 1688 in Hangzhou. According to the agreement, Guizhou Zhonghang will use the 1688 enterprise procurement self-operated mall as the primary online procurement channel, focusing on professional sources in the MRO (industrial supplies that are not production materials) sector. Jiang Yan, the deputy general manager of Guizhou Zhonghang, stated the hope to jointly build a centralized procurement and sourcing platform for the aviation industry with 1688 to improve procurement efficiency, reduce procurement costs, and at the same time promote transparency and compliance in the enterprise procurement process.
Ministry of Commerce: From January to November, the national online retail sales reached 14 trillion yuan, a year-on-year increase of 7.4%.
The head of the Department of E-Commerce of the Ministry of Commerce introduced the development situation of E-Commerce in China from January to November 2024.
Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;
Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;
Bipartisan senators request a grace period for TikTok: they wrote a letter urging Biden to postpone the ban by 90 days.
Senators Ed Markey and Rand Paul urged Biden to extend the deadline for ByteDance to sell TikTok by 90 days; these two lawmakers stated that the ban legislation might be overturned by the Supreme Court and could affect freedom of speech in the USA, so the deadline should be appropriately postponed; the USA Supreme Court is reviewing the appeal filed by TikTok and will hold a debate in January.
Huajin Securities: The new features of WeChat's small store promote a dual circulation of internal and external traffic, driving the formation of a complete and closed ecological environment for WeChat e-commerce.
Tencent (00700.HK) saw its stock price rise nearly 3.2% to 428.4 yuan today, while Weimob (02013.HK) surged 23.9%. EAST BUY (01797.HK) jumped over 14.4%, but Alibaba (09988.HK) fell 3.3%, Kuaishou (01024.HK) dropped 4.6%, and JD.com (09618.HK) decreased 2.3%. Domestic Brokerage Huajin Securities released a report stating that Tencent's WeChat team announced that the WeChat small shop has launched a gray test for the "Gift Giving" feature, with the exception of jewelry and Education training categories, all other categories are available on WeChat small shop.
Express News | Zhewen Interactive Group: Its subsidiary, Pairway, is a Tencent Advertising Gold Service Provider, with effective advertising business covering four major areas such as K1 Consumer products.
Express News | Guizhou Aviation partners with 1688 to build a platform for centralized procurement and sourcing for the aviation industry.
Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.
Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;