Express News | Alibaba is integrating QoderWork, Wukong, and MuleRun to launch a new AI productivity product.
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.
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.
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%;
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.
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.