[trend of individual stocks]
24-28 March
Last week, the S&P 500 fell 1.53%, the Nasdaq Composite Index fell 2.59% and the Dow Jones Industrial Average fell 0.96%.
Alibaba’s US stocks fell 2.01% last week.Last week, the total turnover was $10.45 billion. As of last week’s close, the US stock price was $132.43. The cumulative monthly decline of US share capital is 0.06%, the cumulative increase this year is 56.19%, and the cumulative increase in the past 52 weeks is 83.02%.
Last week, the Hang Seng Index fell by 1.11% and the Hang Seng Technology Index fell by 2.36%.
Alibaba -W Hong Kong stocks rose 0.23% last week.Last week, the total turnover was 49.839 billion Hong Kong dollars. As of last week’s close, the stock price of Hong Kong stocks was 131.00 Hong Kong dollars, with a market value of 2.49 trillion Hong Kong dollars. Hong Kong stocks rose 2.75% this month, 58.98% this year and 86.48% in the last 52 weeks.
[Company comparison]
[Related News]
Longhu Group and Ant Group reached a strategic cooperation to explore the new experience of "touch" service.
Longhu Group and Ant Group signed a strategic cooperation agreement, and the two parties will devote themselves to exploring the innovative application of Alipay’s "touch" technology in business scenarios. In the future, Longhu Group will gradually launch "touch" payment and digital services in Longhu Tianjie Shopping Center nationwide, and consumers can complete safe and convenient payment only by lightly touching the device without opening Alipay APP. (People’s Financial News)
Xingji Meizu will release Meizu Note 16 series and access the Alibaba Cloud model.
Liao Qinghong, chief operating officer of Xingji Meizu, announced that Meizu Note 16 series will be released in April and a national appointment will be opened. Meizu 22 series is scheduled to be released this summer. At the same time, the cooperation between Xingji Meizu and Alibaba Cloud has been upgraded, and it has become the first mobile phone manufacturer to deeply access the Qwen2.5-Omni model, so as to improve the AI emotion understanding and complex task processing ability. (Interface News)
Alibaba Cloud released the end-to-end multi-modal AI model Qwen2.5-Omni-7B.
Alibaba Cloud released Qwen2.5-Omni-7B, the first end-to-end full-modal large model of Tongyi family. The model is specially designed for full-modal perception, which can handle multimodal inputs such as text, images, audio and video, and generate text and natural language responses in real time, setting a new standard for deploying multimodal AI in terminal devices such as mobile phones and notebook computers. Although only 7B parameters are lightweight, Qwen2.5-Omni-7B still shows excellent performance and powerful multi-modal ability, and becomes an ideal base model for developing AI agents with high efficiency, high cost performance and valuable use, especially in the field of intelligent voice applications. For example, real-time voice navigation can help the visually impaired to identify the surrounding environment safely, analyze the ingredients in the video to provide cooking guidance step by step, and create an intelligent customer service dialogue experience that truly understands the needs of customers. The model is now open source on Hugging Face and GitHub, and can be obtained through Qwen Chat and Alibaba Cloud open source community ModelScope. At present, Alibaba Cloud has opened more than 200 generative AI models. (Alibaba Cloud)
Taobao: Severely crack down on illegal behaviors such as using AI fake pictures to deceive consumers.
Taotian Group issued a document saying that starting from today, Taobao launched the AI ? ? fake map governance on the whole platform, and severely cracked down on the violations of using AI fake maps to deceive consumers and infringe on original brand businesses. Taobao stipulates that the product pictures should be reflected by the actual pictures of the products as the core effect, and the modification behavior should be moderate to avoid distortion. It is strictly forbidden to use AI and other technical synthesis methods to present a significantly distorted product information renderings that are inconsistent with the actual situation.
Taobao: This year, the investment in user growth has doubled, and the first-time consumers have increased several times in March.
Chu Duan, vice president of Alibaba Group and president of Taobao Platform Division, said at the 2025 Tmall Super Brand Private Sharing Meeting held on March 26 that the average daily first-time consumers of Taobao Tmall platform increased several times compared with the same period of last year in the first three months of 2025. Under the high user growth rate, Taobao Tmall will strengthen its support for businesses with good creativity and good service. In order to bring more consumers, the investment of Taobao Tmall platform for user growth this year will double compared with last year. (People’s Financial News)
Star map Wei Tianxin and Gaode map reached in-depth cooperation
Recently, Zhongke Xingtu WeiTianxin Technology Co., Ltd. (referred to as "Xingtu WeiTianxin") officially reached an in-depth cooperation with Gaode Map. Xingtu WeiTianxin uses meteorological technology to empower smart travel in new scenes, and deeply integrates the self-developed eTAPES Super-Grider Tianxin high-precision intelligent weather grid system into the navigation scene of Gaode Map APP, providing users with a more accurate and practical navigation experience and opening a new era of high-precision weather forecast navigation. In the future, Xingtu Weixin will further expand the cooperation field with Gaode Map, and plans to carry out in-depth cooperation in AI model forecasting and social observation to further realize "local accurate" weather forecasting. (People’s Financial News)
Vice President of Xiaomi Group: The monthly sales of Xiaomi 15 Ultra in Tmall increased by 50% compared with the previous generation.
Wang Xiaoyan, vice president of Xiaomi Group and president of China District, revealed at the exclusive meeting of Tmall 2025 TopTalk Super Brand that this year, Tmall has increased its investment in new product resources, and the support programs such as homepage recommendation, search weighting and live broadcast subsidy have accelerated the growth cycle of new products. It is understood that under the double blessing of Tmall brand potential and national subsidy policy, in the first quarter of 2025, Xiaomi increased by 50% year-on-year in Tmall, hitting a record high. Xiaomi 15 Ultra’s first transaction in Tmall exceeded 100 million, winning the first new product transaction, and the monthly sales volume of Tmall’s first sales increased by 50% compared with the previous generation. (36Kr)
() Sign a strategic cooperation agreement with Alibaba.
On March 26th, China Mobile and Alibaba held a signing ceremony of strategic cooperation agreement in Beijing. Yang Jie, Chairman of China Mobile, and Wu Yongming, CEO of Alibaba attended the signing ceremony. Chen Huaida, Deputy General Manager of China Mobile, and Wen Jia, President of Alibaba Public Affairs signed the agreement on behalf of both parties. According to the agreement, the two sides will carry out in-depth cooperation in digital infrastructure, application ecology, science and technology innovation capability and international business, jointly build and operate advanced AI data centers, help both sides improve the scale and efficiency of cloud computing and AI services, deepen the technical exchange and ecological co-construction of China Mobile’s "Nine Days" and Alibaba’s "Tongyi Qianwen" AI models, and promote the deep integration of AI with various industries to create greater industrial value. The signing of this contract marks a new stage of comprehensive strategic cooperation between the two sides. The two sides will build a new ecology of AI industry based on new potential energy such as cloud, computing power and large model. (People’s Financial News)
Last year, Tmall sold more than 4,100 brands, and in 2025, it will fully invest in big growth.
On March 26th, Tmall announced the latest business strategy in 2025: fully support high-quality brands and original brands, fully liberalize the incentive policies, and expand brand growth. Tmall also disclosed that the current number of active buyers in Amoy reached 1 billion. In addition, in 2024, more than 4,100 brands broke through the platform, an increase of 18% year-on-year; There are 34,000 super items with a turnover of over 10 million. Last year, the annual active buyers of Taobao Live increased by 38% year-on-year. (Interface News)
Alibaba and BMW reach AI cooperation.
It is reported today that BMW and Alibaba will deepen AI cooperation, and ali tong Yida model will be applied to BMW’s new generation series in China market. The two sides have no response to this. (Sina Technology)
Strategic adjustment of Ant Group: reducing traditional investment and increasing AI layout.
According to Sina science and technology news, Ant Group recently reduced its holdings of Obi Zhongguanghe (), and accumulated a return on investment of over 775 million yuan, which attracted market attention. This reduction is based on the adjustment of strategic direction, and ants turn their funds to cutting-edge scientific and technological fields such as artificial intelligence to support a new generation of scientific and technological innovation. Ant’s investment strategy is still oriented to the company’s strategy, focusing on AI big model, AI computing power, embodied intelligence and other directions, and has invested in a number of related enterprises. Ant emphasizes that it has a long holding period, pays attention to ecological synergy, promotes technological innovation through investment, and creates more value for society.
Zhejiang Provincial Government signed strategic cooperation agreements with Alibaba Group and Ant Group.
On the afternoon of 25th, Zhejiang Provincial Government signed a strategic cooperation agreement with Alibaba Group and Ant Group. Governor Liu Jie witnessed the signing of the contract with Cai Chongxin, Chairman of the Board of Directors of Alibaba Group, and Jing Xiandong, Chairman of Ant Group. According to the agreement, the provincial government, Alibaba Group and Ant Group will closely focus on "taking high-quality development as the primary task, narrowing the’ three major gaps’ as the main direction, taking reform and innovation as the fundamental driving force, and meeting people’s needs for a better life as the fundamental purpose", further integrate resources and work closely together to promote the healthy development of the platform economy, cooperate in artificial intelligence and other fields, better serve the Chinese-style modern provincial practice, and jointly promote the implementation of major national strategies. On behalf of the provincial government, Vice Governor lu shan successively signed agreements with Wu Yongming, CEO of Alibaba Group, and Han Xinyi, CEO of Ant Group. (Tide News)
Alibaba Cloud opened the largest campus recruitment of AI talents in recent years.
The reporter learned that Alibaba Cloud recently recruited AI technology reserve talents in the top universities in the world, and recruited the largest AI talent campus in recent years. It is understood that this recruitment is aimed at top universities in the world, such as Tsinghua University, Peking University, Zhejiang University, Massachusetts Institute of Technology and Stanford University, and recruits technical talents in the fields of large language model, multimodal understanding and generation, model application and AI Infra. At the same time, the project sets up the A Star project and the Al Clouder project, which are aimed at top talents with high-level papers and the influence of open source projects, and provide better salary and professional support for such graduates. This move is another AI talent strategy launched by Alibaba after the previous T project. (science and technology innovation board Daily)
Alibaba Cai Chongxin: I began to see a bubble in the construction of artificial intelligence data centers.
Cai Chongxin, chairman of Alibaba, said that he began to see the emergence of a bubble in the construction of artificial intelligence data centers, and many data center investment announcements in the United States were "repeated" or overlapped. He also said that the number of employees in Alibaba has bottomed out and will be "restarted and re-recruited", and the company will provide reasonable returns to shareholders through dividends. (Sina Finance)
Ant Group has introduced a new MoE language model, which uses domestic AI chips to train, and its performance is equivalent to that of completely using NVIDIA chips, dense models of the same scale and MoE models.
Recently, the Ling team of Ant Group published a technical achievement paper. The paper shows that Ant Group has launched two MoE large language models with different scales-Ling-Lite and Ling-Plus. The former has a parameter scale of 16.8 billion (activation parameter of 2.75 billion) and the Plus base model has a parameter scale of 290 billion (activation parameter of 28.8 billion), both of which have reached the leading level in the industry. In addition to the self-developed large model with leading performance, the biggest breakthrough of this technical paper is to propose a series of innovative methods to improve the efficiency and accessibility of AI development in a resource-limited environment. Experiments show that its 300-billion-parameter MoE (Hybrid Expert) model can complete efficient training on low-performance equipment using domestic GPU, and its performance is equivalent to that of NVIDIA chip, dense model of the same scale and MoE model. (science and technology innovation board Daily)
Ant Group launched two MoE language models with different scales, and the training cost was further reduced by using domestic AI chips.
Recently, the Ling team of Ant Group published a technical achievement paper. The paper shows that Ant Group has launched two MoE large language models with different scales-Ling-Lite and Ling-Plus. The former has a parameter scale of 16.8 billion (activation parameter of 2.75 billion) and the Plus base model has a parameter scale of 290 billion (activation parameter of 28.8 billion), both of which have reached the leading level in the industry. In addition to the self-developed large model with leading performance, the biggest breakthrough of this technical paper is to propose a series of innovative methods to improve the efficiency and accessibility of AI development in a resource-limited environment. Experiments show that its 300-billion-parameter MoE (Hybrid Expert) model can complete efficient training on low-performance equipment using domestic GPU, and its performance is equivalent to that of NVIDIA chip, dense model of the same scale and MoE model. (Securities Times)
[US stock rating]
On March 28th, Mizuho rated Alibaba as outperforming the market with a target price of $170.00.
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