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Alibaba Newsroom
This May Be the Cheapest E-Commerce Play on Earth. Shares Could Rise 50% in 2025. -- Barrons.com
Does The Market Have A Low Tolerance For Alibaba Group Holding Limited's (NYSE:BABA) Mixed Fundamentals?
Nvidia's Advanced AI Tech Powers Olympian Motors' New Electric Vehicle Platform
The new leader of Ant Group has fired the first shot.
Major transformation.
Market Chatter: GCL Energy Technology to Collaborate With Ant's Blockchain Unit for Real-World Asset Token Project; Shares Rise 4%
7ROAD plans to invest in the acquisition of all partnership interests of Shanghai Lingsu Technology Partnership (Limited Partnership).
7ROAD (00797) announced that on December 23, 2024, its indirectly wholly-owned subsidiary, Wuxi Qidao Yunrui, plans to acquire all partnership rights of Shanghai Lingsuda Technology Partnership (Limited Partnership) from Wuxi Feiye and Beihai Hexi for a total consideration of approximately RMB 0.1223 billion. After the completion of this acquisition, the partnership will become a wholly-owned subsidiary of the company, and Wuxi 7ROAD Technology still has an obligation to inject RMB 9.85 million into the partnership. It is reported that the partnership primarily engages in investment holding. As of the date of this announcement, the partnership mainly invests in the invested companies and holds the issued shares of the invested companies.
Hong Kong stock market news for December 24: The three major US Indexes closed higher. HKEX has a half-day trading session due to Christmas.
① Consumer confidence in the USA has declined for the first time in three months. ② The three major US stock indices collectively closed higher on Monday, with most China Concept Stocks showing strength. ③ Musk criticized the Federal Reserve, claiming there are absurdly many employees under Powell. ④ The NASDAQ 100 Index is rebalanced, with the weight of Tesla, Meta, and Broadcom decreasing. ⑤ HKEX will have a half-day Trade session on Christmas Eve.
Alibaba Options Spot-On: On December 23rd, 152.01K Contracts Were Traded, With 3.1 Million Open Interest
ANT GROUP CO., LTD. makes another adjustment! Imitating Huawei, it implements a rotating presidency system, with a senior executive from Cainiao appointed as CFO.
1. ANT GROUP CO., LTD. established the Digital Payment business group to accelerate the development of innovative payment products and strengthen the payment infrastructure. 2. The Digital Payment business group and the Alipay business group have implemented a rotating presidency system. According to the latest news, Liu Zheng, CFO of Cainiao, has joined ANT GROUP CO., LTD. to succeed Han Xinyi as CFO.
Alibaba-W (09988.HK) spent 39.99 million USD to repurchase 3.88 million shares on December 20.
Gelonghui, December 23 - Alibaba-W (09988.HK) announced that on December 20, it spent 39.99 million US dollars to repurchase 3.88 million shares.
Market Chatter: Alibaba Restructures LLM, AI Chatbot Units to Enhance Customer-Facing Operations
Fed's Daly Reveals Her Bullishness for AI-Driven Productivity
HKMA Launches Generative AI Sandbox for Banks
The "Hundred Models" evaluation results from the Zhiyuan Research Institute: ByteDance ranked first in multiple categories, leading the overall AI performance among major companies.
Sina Technology reported on December 23 that recently, the Zhiyuan Research Institute released a comprehensive evaluation result of over 100 open/closed source language, visual language, text-to-image, and text-to-video large models both domestically and abroad. The evaluation found that in the second half of 2024, the development of large models will focus more on enhancing comprehensive capabilities and practical applications. In several assessment results, ByteDance ranked first in various AI capabilities, while companies like Alibaba and Baidu achieved excellent performances.
Hong Kong stock market morning report on December 23: Biden signed a bill to prevent the USA government from "shutting down". The performance of China Concept Stocks shows divergence.
① Biden signed an emergency funding bill to prevent a "shutdown" of the USA government. ② The USA's November core PCE price index rose 2.8% year-on-year, which was lower than expected. ③ The three major stock indexes in the USA opened lower and closed higher last Friday, while China Concept Stocks showed mixed performance. ④ NYMEX Henry Hub Natural Gas Futures rose more than 14% last week. ⑤ Federal Reserve's Goolsbee stated that interest rates may decline within 12 to 18 months.
Alibaba Group Holding Limited (BABA) Restructures AI Teams to Enhance Consumer Products and LLM Research
Top Gap Ups and Downs on Friday: NVO, BABA, INFY and More
Alibaba Options Spot-On: On December 20th, 212.6K Contracts Were Traded, With 3.15 Million Open Interest
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.