BIALIBA@EP2609A.P (22627) News

Express News | The new Doudao smartphone has stocked hundreds of thousands of units, moving away from AI-driven hard automation of leading applications.

Breakings56minutes ago

Kimi K3 debuts amid great anticipation; Morgan Stanley: China's cutting-edge large language models have achieved comprehensive catch-up, with breakthroughs simultaneously in scale, performance, and pricing.

On July 17, Yue zhi Anmian launched its flagship large model K3, which ranked among the top three globally in benchmark tests, drawing significant market attention.

wallstreetcn21:52

Fund Flows | Southbound capital recorded a net outflow of HK$1.457 billion from Hong Kong-listed stocks, reducing positions in Alibaba, Meituan, and Huahong Hongli.

Track the latest developments of southbound capital flows.

Gelonghui Finance19:01

Zhito Hong Kong Stock Connect Active Trading | July 17

Stock Connect Active Trading | July 17, 2026

Zhitong Finance19:00

Alibaba-Backed Moonshot AI Launches Kimi K3, Says It Narrows Gap With OpenAI, Anthropic Models

MT Newswires18:29

Alibaba saw a net outflow of HK$2.451 billion via Stock Connect.

Southbound capital recorded a net inflow of HK$322 million into Xiaomi Group (01810.HK). Net outflows from Alibaba (09988.HK), Meituan (03690.HK), and Huahong Hongli (01347.HK) amounted to HK$24.51 billion, HK$20.36 billion, and HK$19.39 billion, respectively. Under the Shanghai-Hong Kong Stock Connect, the most actively traded stock with the highest net inflow was Zhipu AI (02513.HK) at HK$11.3 billion, while Meituan (03690.HK) saw the largest net outflow of HK$9.66 billion. Under the Shenzhen-Hong Kong Stock Connect, the most actively traded stock with the highest net inflow was Tracker Fund of Hong Kong.

AASTOCKS18:25

Express News | Southbound funds recorded net sales of over HK$1.4 billion today, with Alibaba among the top stocks sold.

Breakings17:48

Express News | Southbound funds recorded a net selling of RMB 1.457 billion today. Via Shanghai-Hong Kong Stock Connect, Meituan-W and Alibaba-W registered net sellings of HKD 966 million and HKD 962 million, respectively; Zhipu AI topped net purchases with HKD 11.3 bil

Breakings17:36

Moonshot AI's New Model Shows Industry Leadership Is Becoming Transient -- Market Talk

WSJ17:30

Express News | Qwen AI Glasses will be upgraded to Agent Glasses.

Breakings17:11

Express News | According to information from the Hong Kong Exchange, Citigroup's stake in Alibaba-WH shares increased from 5.05% to 5.19% on July 13.

Breakings17:07

Alibaba Group Holding Stock Slides 3.7% in Hong Kong

Dow Jones16:32

Express News | Tongyi Lab at Alibaba has released the Wan-Streamer v0.2 model.

Breakings15:56

South Korea and Taiwan stock markets offer 'extremely low margin of safety': $47 billion asset management giant sells semiconductor dual leaders, significantly increases positions in India

Coronation Asset Management, which manages USD 47 billion in assets, has reduced its exposure to chipmakers and increased its allocation to India.

Zhitong Finance14:55

Qwen's first AI-powered smart earbuds, featuring an integrated AI assistant, debuted at WAIC.

Gelonghui, July 17 | On the first day of the 2026 World Artificial Intelligence Conference, Qwen unveiled its first AI-powered smart earphone. Featuring an all-day wearable ear-clip design, the device integrates Qwen’s AI assistant capabilities to support real-time translation, meeting transcription, health tracking, and other functions, delivering a more natural AI interaction experience. According to the company, the earphone was co-developed by Qwen and Bose, with Bose’s senior acoustic engineering team providing tuning support to achieve high-fidelity sound quality while balancing the comfort of an open-ear clip design with superior audio performance. This year, Qwen has been actively expanding its AI hardware portfolio. Previously, Qwen launched its AI glasses for immediate availability.

Gelonghui Finance14:35

Hong Kong Market Midday Review | All three major indices declined, with the Hang Seng Tech Index down over 4%; AI application and memory stocks fell collectively, with Zhipu AI plunging nearly 22%, MiniMax dropping close to 14%, and CSOP Daily Leveraged 2

Tech and internet stocks declined, with Meituan-W falling 6.08% and Kuaishou-W dropping 5.80%; semiconductor stocks weakened, with Innoscience falling 10.17% and GigaDevice declining 8.67%; pharmaceutical stocks fell, with Insilico Intelligence down 12.12% and 3SBio dropping 10.61%;

Futu News12:12

Cainiao: Its self-developed sorting equipment has been deployed in over 70 sorting centers of STO Express.

Sina Tech News, July 17 (morning): Cainiao's automated parcel sorting solution was showcased at STO Express’s customer open day event. Cainiao’s self-developed parcel sorting equipment has already been deployed in over 70 sorting centers across STO’s nationwide network, making Cainiao a core technology and automation partner for STO’s sorting operations. According to reports, Cainiao’s automated sorting solution now enables end-to-end automation—from parcel intake to chute dispatch—featuring high-speed cross-belt sorters for small parcels, narrow-belt sorters for large and irregularly shaped items, swing-wheel sorters for precise diversion at conveyor junctions, and an integrated DWS system that combines weighing, dimensioning, and barcode scanning into a single process per parcel.

Sina Technology10:46

JPMorgan: A-share market's 'AI-driven deleveraging' is a healthy correction, not a bubble burst

JPMorgan believes that the recent correction in the A-share AI sector is fundamentally a deleveraging process rather than a deterioration in fundamentals. The decline in margin trading as a share of IT-sector activity, coupled with technology ETFs attracting inflows despite market headwinds, suggests that deleveraging is nearing completion. Balance sheet leverage among U.S. and Chinese cloud giants remains well below levels seen during historical bubble periods, reflecting continued financial strength. Large model iterations and hardware supply constraints are expected to persist through 2028.

wallstreetcn09:29

Zhito Hong Kong Stock Connect Holdings Analysis | July 17

Stock Connect Holdings Analysis | July 16, 2026

Zhitong Finance08:30

World's third most powerful, with 'fable-level immersion'! Kimi K3 with 2.8 trillion parameters sets a new open-source record

In evaluations, Kimi K3's overall intelligence level is close to that of the world's leading closed-source models. According to GDPval-AA v2 data on knowledge work benchmarks, Kimi K3 scored higher than Claude Opus 4.8 Max, ranking just behind Claude Fable 5 Max and GPT-5.6 Sol Max. Prior to the model's official release under an open-weights license, reports indicated that Moonshot AI internally regarded it as a key product targeting Anthropic's latest flagship model, Claude Opus 4.8.

wallstreetcn06:40