UBALIBA@EC2612C.C (28856) News

Express News | Alibaba Cloud plans to more than double its global data center capacity.

Breakings16:32

Goldman Sachs previews Chinese internet giants' second-quarter earnings: Focus on cloud growth and AI-related capital expenditures; sector outlook remains constructive

Following their second-quarter earnings, shares of major U.S. cloud service providers reacted positively. After recent adjustments in Chinese internet stocks, the sector’s outlook is constructive, with sub-sector preferences ranked as follows: cloud and data centers (GDS Holdings, 21Vianet, Alibaba, Kingsoft Cloud), gaming and entertainment, e-commerce and mobility, and artificial intelligence models.

Zhitong Finance17:09

Industrial Securities: Who Is Buying Hong Kong Stocks?

Among the four categories of capital flows, southbound capital has been the primary driver increasing positions in Hong Kong-listed equities since July, while foreign capital began returning significantly from mid-July.

Zhitong Finance35minutes ago

Zhitong Stock Connect Active Trading | August 10

Stock Connect Active Trading | August 10, 2026

Zhitong Finance19:00

Zhuang Zhuoran, CEO of Fliggy: Fliggy is advancing its AI strategy around the '3 Es'

Sina Tech News, August 10 evening — Fliggy announced today the launch of 'Fliggy BangBang,' a comprehensive upgrade to its AI-powered services for consumers. At the launch event, Zhuang Zhuoran stated that Fliggy is advancing its AI strategy around the 'Three Es' (AI for Experience, AI for Ecosystem, AI for Enterprise)—leveraging AI to enhance user experience, enrich the travel ecosystem, and reshape organizational structures—with the three elements mutually reinforcing one another. 'Fliggy BangBang' represents a new step under the 'AI for Experience' pillar. According to Fliggy

Sina Technology18:58

AI's 'Windows moment': Hong Kong-listed internet stocks may present a strategic allocation window

Western Securities believes that AI is currently at a critical juncture, transitioning from a 'command-line interface (CLI)' to a 'graphical user interface (GUI).' Due to persistently high hardware costs and insufficient workflow integration, total factor productivity has not yet seen widespread improvement, but China is poised to achieve a breakthrough by leveraging its engineering talent dividend.

wallstreetcn16:44

Market Chatter: Apple Begins Qwen AI Integration for Mac Users in China

MT Newswires16:36

Alibaba Group Holding Stock Advances 2.3% in Hong Kong

Dow Jones16:32

Fliggy Travel has launched its new-generation AI product, Fliggy BangBang, which will be integrated into Taobao Flash Purchase before the National Day holiday.

Sina Technology News, August 10 afternoon — Today, Fliggy Travel officially launched its next-generation AI product, Fliggy BangBang. According to reports, leveraging native AI capabilities, this product can 'anticipate your needs, deliver real results, and accompany you throughout your journey,' covering scenarios including flights, hotels, and homestays. This marks Fliggy’s latest step in evolving from an OTA (Online Travel Agency) toward an 'Omni-Intelligence Travel Agent,' following its earlier AI feature 'Ask Anything.' In practice, Fliggy BangBang enables users to 'help me think, help me book, help me handle' through simple conversational interactions. Specifically, the 'help me think' function can assist users with

Sina Technology16:25

Alibaba-W (09988.HK): From DingTalk to Qwen Office – AI-Powered Office Tools Reshaping Productivity

Investment Highlights: Alibaba launched Qwen Office on July 27, its latest product integrating three AI agents—QoderWork, Wukong, and MuleRun. On August 3, the Qwen3.8-Max model was released.

Zheshang Securities16:12

Express News | National Development and Reform Commission, National Energy Administration: Deepen Implementation of the "Artificial Intelligence Plus" Initiative and Strengthen Data Aggregation for Artificial Intelligence in the Coal Sector

Breakings16:10

Tmall has become ALO's exclusive e-commerce platform in China, and its official flagship store is now live.

Gelonghui, August 10 | According to media reports, Tmall has become ALO’s exclusive e-commerce platform in China. An inquiry confirmed that ALO’s official Tmall flagship store has officially launched. The store page shows that the flagship store has completed official brand verification, with page layout and product details fully in place. The initial batch of products listed covers multiple categories including yoga, training, sportswear, and accessories, featuring popular items such as the SUNSET German-training shoes and SUIT UP wide-leg pants. Products are marked as 'pre-sale,' with the sales launch date indicated as August 12. Pricing is among the key points of public interest. Taking the classic SUNSET series of German-training shoes listed in the store as an example

Gelonghui Finance14:39

《Major Brokerage》Goldman Sachs: Outlook on Chinese Internet Giants’ Q2 Earnings—Focus on Cloud Growth and AI-Related Capital Expenditure; Raises Meituan (03690.HK) Target Price

Goldman Sachs released a report on China’s internet sector, outlining its outlook for major internet companies ahead of their upcoming second-quarter earnings announcements. Key themes expected to feature prominently include cloud growth as a bright spot, upward revisions to full-year capital expenditure guidance, an inflection point in profitability for transaction platforms, and increased market focus on sum-of-the-parts valuation methodologies. The firm raised its target price for Meituan (03690.HK) from HK$116 to HK$123, maintaining a 'Buy' rating. Goldman Sachs expects Tencent (00700.HK) to report earnings on August 12, forecasting second-quarter revenue growth of 9% year-over-year and adjusted EBITDA rising 9% year-over-year to RMB 75.2 billion. Key areas of focus include artificial intelligence-related capital

AASTOCKS12:20

Hong Kong Market Midday Review | All three major indices rose, with the Hang Seng Index up 0.72%; tech and internet stocks broadly advanced, Alibaba gaining over 2%; biotech stocks climbed, with Wuxi Apptec rising nearly 3% to hit a new intraday high; Guo

Tech and internet stocks rose, with Alibaba-W up 2.10% and JD.com-SW up 1.80%; coal stocks advanced, with Jinma Energy surging 20.83% and Power Development rising 8.95%; Hong Kong retail stocks gained, with Bonjour Holdings down 8.00% and Chow Sang Sang up 6.69%;

Futu News12:10

Hong Kong Market Midday Review | Hang Seng Index Rises 0.72% in Morning Session; Gold and Jewelry Retailers Gain Strength

Coal stocks continued their recent upward trend. Xiqu Coal Mine has been suspended following a safety incident, reinforcing market expectations that safety inspections will remain stringent.

Zhitong Finance12:00

Morgan Stanley raises Zhipu AI (02513.HK) target price to HK$1,700; lowers MiniMax (00100.HK) target price to HK$900.

Morgan Stanley published a report noting that China's large language models are accelerating commercialization in a positive manner, shifting from price-based competition toward intelligence-driven monetization. The firm believes that winners will be companies capable of sustaining the virtuous cycle of 'better models → stronger monetization → more capital and computing power → greater investment in larger models,' reflecting that commercialization and AGI are complementary—stronger monetization funds intelligence development, while superior intelligence drives monetization. Among the companies under its coverage, Zhipu AI (02513.HK) has made faster progress in this round, with GLM-5.2, improved access to computing power, and new funding supporting stronger growth, prompting the firm to raise its 2026 recurring

AASTOCKS11:23

Morgan Stanley raised its target price by nearly 72%, while Zhipu AI rose more than 4%.

A report from a major bank once again sent Zhipu AI's share price soaring. On Thursday, Morgan Stanley released a research report significantly raising Zhipu AI’s target price by nearly 72%, from approximately HK$990 to HK$1,700. The news drove Zhipu AI’s intraday share price up by more than 4%, bringing its cumulative gain over the past five trading days to over 37%. Morgan Stanley noted that Zhipu AI’s ability to secure computing power continues to improve, and this—combined with the successful closing of a new round of financing—provides strong support for the company’s more robust growth trajectory. Without sufficient computing power, neither model training nor inference is feasible. Meanwhile, the new funding addresses the capital requirements during this cash-burning phase. The simultaneous improvement in these two key constraints directly prompted the bank to upgrade its rating.

wallstreetcn10:25 · Ratings

Express News | Alibaba's Hong Kong-listed shares rose nearly 3% in early trading after Apple briefly posted a support document titled "Using Qwen with Apple Intelligence on Mac" on its China website last Saturday, only to remove it within less than a day. The company re

Breakings10:06

Hong Kong Market Morning Commentary: All three major indices opened higher, technology and internet stocks broadly rose, and Guotai Junan International surged 37% upon resuming trading.

Gelonghui, August 10 | The S&P 500 index hit a new all-time high last Friday, while Japanese and South Korean equities rose in early trading. All three major Hong Kong stock indexes opened higher collectively, with the Hang Seng Index up 0.53%, the Hang Seng China Enterprises Index down 0.61%, and the Hang Seng Tech Index down 0.85%. Major internet and technology stocks rallied across the board, with JD.com up 1.4%, Alibaba up 1.3%, and Baidu, Xiaomi, and Tencent all posting gains. Guotai Junan International, which received a privatization offer from Guotai Haitong at a premium of approximately 44.2%, surged 37% on its resumption of trading, leading a broad rally in Chinese brokerage stocks. Biopharmaceuticals, robotics concept stocks, AI application-related stocks, and optical communication concept stocks also rose. Meanwhile, tea beverage stocks declined, and the Shanghai...

Gelonghui Finance09:25

WisdomTong Northbound Stock Holdings Analysis | August 10

Stock Connect Holdings Analysis | August 7, 2026

Zhitong Finance08:30