Apple finally integrates Alibaba's Qwen into Siri: Apple Intelligence arrives in China
This marks the first time a Chinese AI company has genuinely gained access to Apple's system-level AI entry point. For Qwen, this could be even more significant than being featured on the iPhone.
Chart Preview | Earnings Season Begins for Chinese Tech Stocks! Tencent and JD.com Report First, Facing Dual Challenges of AI and Profitability
In August, with earnings releases from major tech and internet giants such as Tencent, JD.com, Alibaba, and Meituan, market focus on China’s internet leaders has shifted from whether they would continue facing headwinds to whether they could further validate a recovery in profitability. Institutions expect further divergence in performance among large internet platforms, with AI revenue growth, profit margins, and capital expenditures emerging as key focal points.
Express News | According to Apple's official website, Apple Intelligence can work in conjunction with Alibaba's Qwen model.
Major tech firms are 'concentrating their forces' to capture entry points, suddenly crowding the AI-powered office productivity space.
① Major tech firms are concentrating resources to secure entry points, marking the end of fragmented, trial-and-error ‘horse-race’ approaches in AI-powered office solutions; ② The competitive landscape extends beyond major players, with ‘real-world business scenario delivery capability’ emerging as a critical differentiator; ③ AI-driven office applications are accelerating demand across the supply chain, directly benefiting upstream providers of inference chips, servers, and high-speed storage—though compute demand per office task remains limited, resulting in steady, gradual growth rather than an immediate surge.
Zhitong Stock Connect Active Trading | August 7
Stock Connect Active Trading | August 7, 2026
Mainland-Hong Kong Stock Connect recorded a net inflow of HK$2.226 billion into MINIMAX-W.
Southbound capital recorded net inflows into MINIMAX-W (00100.HK), Kingboard Laminates (01888.HK), and GigaDevice (03986.HK), amounting to HK$2.226 billion, HK$634 million, and HK$429 million, respectively. Net outflows were observed from Tencent (00700.HK), Alibaba (09988.HK), and Yangtze Optical Fibre and Cable (YOFC) (06869.HK), totaling HK$2.188 billion, HK$1.684 billion, and HK$359.2 million, respectively. The most active stock by net inflow under Shanghai-Hong Kong Stock Connect was MINIMAX-W (00100.