Alibaba announces full integration of Qwen with Taobao, ushering in a new AI-powered shopping experience.

On May 11, Alibaba (09988) announced the full integration of its AI application Qianwen app with Taobao. The Qianwen app has been connected to all product categories on Taobao, and a new 'Qianwen AI Shopping Assistant' has been simultaneously launched within the Taobao app.

Zhitong Finance12:44

Morgan Stanley: Enablers and foundational models remain key investment themes in China's AI sector, with widespread applications also presenting investment opportunities for beneficiaries.

Morgan Stanley released a report indicating that China's artificial intelligence (AI) is entering a new phase, shifting from catching up on technical capabilities to capturing value, with a focus transitioning from training to inference, from technology to application, and from potential to actual profitability. The firm believes that at this stage, enablers and foundational models remain key investment themes, but broader AI applications also present investment opportunities for beneficiaries. In the firm's risk-return analysis of AI adopters, companies such as Beisen Holdings (09669.HK), Meitu (01357.HK), Roborock (688169.SH), and Midea Group (000

AASTOCKS29minutes ago

Tech, Media & Telecom Roundup: Market Talk

WSJ54minutes ago

Preview Infographic | Earnings season for Chinese tech stocks kicks off! JD.com, Tencent, and Alibaba release their results first—what kind of AI 'report card' will they deliver?

Next week, tech giants Tencent and Alibaba are both scheduled to release their latest quarterly earnings on Wednesday (May 13), while JD.com's results will be announced on Tuesday (May 12).

Futu NewsMay 8 18:15

Guangzhou: Strengthening the intelligent computing power layout, with a focus on promoting the research, development, and adoption of hardware such as intelligent connected vehicles.

The Artificial Intelligence Industry Development Office of Guangzhou Municipality has issued the 'Key Work Points for the Artificial Intelligence Industry in Guangzhou for 2026,' which mentions accelerating the foundational industrial elements reinforcement project. Strengthening the layout of intelligent computing power, in accordance with national and provincial policy requirements, standardizing the tiered development plan layout of 'urban data centers + park computing power centers,' and optimizing construction standards for computing power projects. Enhancing the supply of data elements, improving mechanisms for data circulation and trading, deepening the authorized operation of public data resources, expediting the creation of trusted data spaces for cities, industries, and enterprises, promoting the open sharing of data resources, fostering multi-party data integration applications, and focusing on key areas to create a series of text, image, and audio data solutions.

AASTOCKS56minutes ago

Market Snapshot | Mixed performance across the three major indices; memory sector surges, with Southbound Double Leverage Hynix up over 23% and Montage Technology rising more than 11%, both hitting record highs; tech stocks weaken, as Alibaba-W drops near

The three major indices showed mixed performance; semiconductor stocks rose collectively, with Nexperia soaring 15.47%; tech and internet stocks weakened, as Alibaba-W dropped 3.67%.

Futu News59minutes ago