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China Galaxy Securities: DeepSeek leads the open-source trend, accelerating AI penetration through traffic entry integration.
China Galaxy Securities released a Research Report stating that DeepSeek will officially launch "Open Source Week" on February 24, 2025.
The Return Trends At Alibaba Pictures Group (HKG:1060) Look Promising
China Reform Securities looks forward to the Internet opportunities in 2025: Bullish on the value reassessment of Alibaba Cloud and the reshaping of Tencent's application ecosystem.
Huachuang Securities released a Research Report stating that if the industry reshaping brought by open-source large models is similar to that of the USA in 2023, the first insight may be that cloud revenue, subscription revenue, and advertising revenue are the areas most likely to materialize in the first phase. Understanding the business model of M7 can help identify the most worthwhile investment directions in this round. The second insight may be that the investment value of weighted stocks this year will be strengthened, unlike the previous two years where the dominant logic was fully reflected. Internet giants like Alibaba (09988) and Tencent (00700) may show similar allocation value. The main points of Huachuang Securities are as follows: Review: Since 2023.
Hong Kong stock Concept tracking | Alibaba (09988) latest performance released, AI shows outstanding results, pay attention to the investment opportunities brought by the spillover effects of AI technologies (attached are related Concept stocks).
Alibaba (09988) announced its third quarter results for the fiscal year 2025 on February 20.
Alibaba Cloud Asia Vets Group's revenue for the third fiscal quarter was 31.742 billion yuan, representing a 32% year-on-year growth.
On the evening of February 20, Alibaba (NYSE: BABA; HKEX: 9988) released its Earnings Reports for the third quarter of the 2025 fiscal year ending December 31, 2024: Revenue was 280.154 billion yuan, an increase of 8% year-on-year. Net income was 46.434 billion yuan, compared to 10.717 billion yuan in the same period last year; non-GAAP net income was 51.066 billion yuan, an increase of 6% year-on-year (Note: Alibaba's fiscal year does not synchronize with the calendar year, starting on April 1 of each year and ending on March 31 of the following year). The performance of the six major segments in the third quarter.
Alibaba's digital entertainment segment reported revenue of 5.438 billion yuan for the third fiscal quarter, an increase of 8% year-on-year.
On the evening of February 20, Alibaba (NYSE: BABA; HKEX: 9988) released its Earnings Reports for the third quarter of the 2025 fiscal year ending December 31, 2024: Revenue was 280.154 billion yuan, an increase of 8% year-on-year. Net income was 46.434 billion yuan, compared to 10.717 billion yuan in the same period last year; non-GAAP net income was 51.066 billion yuan, an increase of 6% year-on-year (Note: Alibaba's fiscal year does not synchronize with the calendar year, starting on April 1 of each year and ending on March 31 of the following year). The performance of the six major segments in the third quarter.