BABA241227P89000
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Alibaba Newsroom
Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?
Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.
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Alibaba Group Holding Ltd. ADR Rises Tuesday, Still Underperforms Market
Alibaba Options Spot-On: On December 24th, 96,488 Contracts Were Traded, With 2.58 Million Open Interest
U.S. stocks close: The Nasdaq returns above 0.02 million points as Apple reaches a new high with a market cap of 3.9 trillion.
① Tesla rose by 7.36%, leading the "Seven Giants"; ② Nasdaq China Golden Dragon Index has risen for three consecutive days; ③ American Airlines announced that flights have resumed running; ④ OpenAI has discussed developing a humanoid Siasun Robot&Automation.
9 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This May Be the Cheapest E-Commerce Play on Earth. Shares Could Rise 50% in 2025. -- Barrons.com
Bank stocks have surged for several consecutive days, and the Hang Seng Index has recovered to 20,000 points. Bullish Signals from the fiscal side are favorable for the continuation of the rebound | Hong Kong stock barometer.
① The Hang Seng Index stands above the 20,000-point mark; why is it so strong in the short term? ② The fiscal side releases Bullish Signals; can it help sustain the rebound?
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
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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