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Alibaba Newsroom
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
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.
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
On December 19, Alibaba-W (09988.HK) spent 39.99 million USD to repurchase 3.78 million shares.
Gelonghui reported on December 20 that Alibaba-W (09988.HK) announced the repurchase of 3.78 million shares at a cost of 39.99 million USD on December 19.
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.
Hong Kong stocks volatility | Alibaba-W (09988) fell over 4% in the morning as WeChat e-commerce welcomes significant catalysts. The competitive landscape in the Industry suppresses the valuations of e-commerce platforms.
Alibaba-W (09988) dropped over 4% in the early session, as of the time of writing, it has fallen 3.5% to 80 Hong Kong dollars, with a trading volume of 5.208 billion Hong Kong dollars.
Here's Why Alibaba (BABA) Fell More Than Broader Market
Alibaba Options Spot-On: On December 19th, 307.81K Contracts Were Traded, With 3.1 Million Open Interest
Unusual Options Activity: EXE, ABNB and Others Attract Market Bets, EXE V/OI Ratio Reaches 162.2
Here's Why 2025 Could Be the Year of Redemption for Alibaba Stock
On December 18, Alibaba-W (09988.HK) spent 22.093 million US dollars to repurchase 2.068 million shares.
Gelonghui, December 19 │ Alibaba-W (09988.HK) announced that on December 18, it spent 22.093 million US dollars to repurchase 2.068 million shares.