China not only has DeepSeek. On New Year's Eve, Alibaba released a major new model. Is it time to reevaluate China's AI Assets overall?

When Alibaba Cloud demonstrates the combination advantages of "powerful models + sufficient computing power + complete cloud platform," does it validate the investment logic similar to North American Cloud Computing providers last year?

wallstreetcn12:11

U.S. stocks closed higher | All three major Indexes rose, with the Nasdaq up 2%; chip stocks and Chinese concept stocks performed well, NVIDIA rebounded nearly 9%, and Alibaba rose over 6%.

The S&P Large Cap and chip Index rose by 1%, while the Dow Jones and Small Cap indices had relatively smaller gains. Apple surged nearly 4% to maintain its position as the largest company by Global Market Cap, while Microsoft and Broadcom increased by nearly 3%. AI, quantum computing, and Nuclear Power stocks collectively rebounded, with Oklo, invested in by Altman, rising over 9%. The China concept Index closed up by 1.7%, and Alibaba rose by nearly 7%.

wallstreetcn07:30

Hangzhou leads in AI open source! On New Year's Eve, Alibaba Qwen open-sourced a new flagship for visual understanding, with a full series of three sizes and a 7B model exceeding GPT-4o-mini.

Qwen2.5-VL is a brand new visual understanding model under the Qwen series, which is officially referred to as the 'flagship visual language model', and it has been released in three versions: 3B, 7B, and 72B.

Quantum Position.Jan 28 13:12

Earnings Reports preview of Chinese Internet Plus-Related giants: E-commerce recovery boosts Alibaba's quarterly performance, video account advertising may drive Tencent's profits beyond expectations, and food delivery supports Meituan's continuous growth

JPMorgan expects that Alibaba will benefit from the recovery in e-commerce GMV and cost control, with profitability likely to improve. Total revenue for the third fiscal quarter is expected to grow by 8% year-on-year, and Taotian Group's adjusted profits are expected to increase by 6% year-on-year. Nomura anticipates that due to strong performance in the gaming business and growth in video account advertising, TENCENT's total revenue in Q4 may also increase by 8% year-on-year. Meituan's total revenue in the fourth quarter is expected to grow by 20% year-on-year to 88.13 billion yuan, while profit is expected to soar 197% year-on-year to 9.45 billion yuan.

wallstreetcnJan 27 20:34

Express News | Alibaba: On January 24, approximately 9.9818 million USD was spent to repurchase 0.9072 million shares.

BreakingsJan 27 18:35

There is a heated discussion overseas about DeepSeek, which may be reshaping the landscape of the AI Industry.

Recently, discussions about DeepSeek have intensified overseas. On January 23, the website of the Financial Times in the United Kingdom published a commentary stating that the success of DeepSeek marks China's increasingly strong independent innovation ability in the field of AI. The article pointed out that DeepSeek is not an isolated case; since mid-2024, Chinese technology companies such as Alibaba, Tencent, and ByteDance have been steadily narrowing the gap with their counterparts in the USA, gradually approaching their capabilities and achieving cost-effectiveness, and this growth efficiency is not a coincidence.

WindJan 26 11:56