Express News | Qwen3.8-2.4T launched on the Supercomputing Internet

Alibaba's latest open-source ultra-large-scale MoE model, Qwen3.8-2.4T-A95B, has been launched on the Supercomputing Internet. Leveraging a supercluster of ten thousand GPUs deployed at core nodes, enterprises and developers can directly access the Qwen3.8-2.4T-A95B model image within the AI community. This image is built on the Zhongzhi FlagOS unified software stack and adapted for domestic heterogeneous acceleration cards, enabling rapid deployment of AI application services tailored to specific business scenarios.

BreakingsAug 13 21:22

Alibaba.com Unveils All-Star Judge Panel for CoCreate Pitch 2026 U.S. Final

NBA legend Magic Johnson to open the flagship event in Los Angeles; 20 finalists selected from over 39,000 entries will pitch live before Marcus Lemonis, Everette Taylor, Barry Poznick, Shiza Shahid

PR NewswireAug 13 21:00

Zhitong Stock Connect Active Trades | August 13

Stock Connect Active Trades | August 13, 2026

Zhitong FinanceAug 13 19:00

Express News | Alibaba open-sources Qwen3.8-2.4T-A95B; Zhongzhi FlagOS community simultaneously completes multi-chip adaptation.

On August 13, Alibaba announced the open-source release of its ultra-large-scale Mixture of Experts (MoE) model, Qwen3.8-2.4T-A95B, with the Zhongzhi FlagOS community simultaneously completing multi-chip adaptation. Currently, Qwen3.8-2.4T-A95B has completed multi-chip adaptation, precision alignment, and deployment verification based on the unified FlagOS open-source technology stack across nine AI chip platforms: T-Head, NVIDIA, Moore Threads, Huawei Ascend, MetaX, Kunlunxin, Hygon, Qingwei Intelligence, and Enflame.

BreakingsAug 13 17:28

CICC: The Impact and Significance of the Expansion of the Hang Seng TECH Index

This will mark the most profound and systemic change to the Hang Seng TECH Index since its launch in 2020. The revision will not only align the index more closely with global technology trends but also maintain its representativeness of the technology sector in the Hong Kong stock market, against the backdrop of the ongoing wave of A-share to H-share listings.

CICC InsightsAug 13 17:02

Hong Kong Stock Market Close: Hang Seng Tech Index rises 0.33%; non-ferrous metal stocks plunge; Lenovo shares surge 20% on better-than-expected earnings

On August 13, the three major Hong Kong stock indices surged sharply after the afternoon open, driven by a significant rally in Lenovo Group following its earnings release. This momentum pushed the Hang Seng TECH Index up by as much as 1.3% at one point, before it ultimately closed 0.33% higher. Meanwhile, the Hang Seng Index and the Hang Seng China Enterprises Index fell 0.17% and 0.23% respectively, marking their third consecutive day of declines. In terms of market performance, large-cap technology and internet stocks generally declined amid concerns over surging capital expenditures; Tencent dropped 4.46%, underperforming peers, while Xiaomi fell 1.8%. Buoyed by the strong performance of overseas chip stocks, concepts related to memory semiconductors, optical communications, and PCBs remained active throughout the day, with Zhongji Innolight surging more than 8% intraday. Domestic banking stocks stabilized.

Gelonghui FinanceAug 13 16:37