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Express News | Li Auto up 1.3%, JD.com up 3.2%, NIO up 4.5%, Xpeng up 4.2%
Express News | Kraneshares CSI China Internet ETF up 2.2%
Express News | PDD Holdings up 3.3%, NetEase up 2.6%, Baidu up 1%
Express News | Alibaba up 0.7%, Bilibili up 0.9%, Tencent Music Entertainment up 4.4%
Express News | U.S.-Listed Shares of Chinese Firms Rise on New China Stimulus
Alibaba Cloud partners with nvidia to challenge the key level of HK$100 for its stock price.
This week, the stock market has experienced a surge, with technology stocks performing particularly well in the Hong Kong stock market. Alibaba (09988) has risen by over 13% this week. According to news from earlier this week, Alibaba Cloud announced at its annual flagship event, the Yunqi Summit, that its self-developed TongYi model on the generative AI platform 'Bailian' has served over 0.3 million customers, a significant increase from 0.09 million customers in May. Alibaba Cloud, through the TongYi model and its scalable global cloud infrastructure, provides better customer experiences and mature innovative solutions for customers in the autos, gaming, travel, and news technology industries.
HENGJR OP : this is pretty funny. this post was purely for comedy but was shocked to see Xi’s popularity. I hope i don’t get kidnapped