UB#ALIBARC2604M(63510.HK)

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63510.HK
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China's AI "Max Moment"! Qianwen's strongest model opens the second growth curve

China's AI sector welcomes the "Max moment," with Qianwen launching its flagship inference model Qwen3-Max-Thinking, which outperforms GPT-5.2 and Gemini 3 Pro, becoming a domestically produced AI model close to international top levels. This breakthrough stems from a generational upgrade in the model's inference mechanism, utilizing a "test-time expansion" mechanism to achieve more efficient computation and intelligent results. Although market confidence in Chinese tech companies still needs to be improved, the launch of new products is expected to change investors' perceptions

Wallstreetcn·
US
BABA
-1.00%
HK
09988
-1.96%
US
KBAB
-2.55%
Wallstreetcn·
US
BABA
-1.00%
HK
09988
-1.96%
US
KBAB
-2.55%

Alibaba releases the Qwen3-Max-Thinking flagship reasoning model, with performance comparable to GPT-5.2 and Gemini 3 Pro

On January 26, Alibaba released the Qwen3-Max-Thinking flagship reasoning model, which set new global records in multiple authoritative evaluations, with performance comparable to GPT-5.2 and Gemini 3 Pro. Qwen3-Max-Thinking has over one trillion total parameters and achieved significant performance improvements through innovations in reinforcement learning and reasoning technology. In addition, the number of derivative models in the Qwen series has surpassed 200,000, with downloads exceeding one billion, firmly establishing it as the world's leading open-source large model

Wallstreetcn·
SH
513040
-1.01%
US
IGV
+1.36%
SH
513770
-1.26%
Wallstreetcn·
SH
513040
-1.01%
US
IGV
+1.36%
SH
513770
-1.26%

AsiaInfo and ABB Robotics Launch Embodied Intelligence Lab to Advance Physical AI in Manufacturing

AsiaInfo Technologies Limited has launched an "Embodied Intelligence Laboratory" in collaboration with ABB Robotics, supported by Alibaba Cloud and NVIDIA. This lab aims to integrate AsiaInfo's AI, 5G-A, and cybersecurity capabilities with ABB's robotics expertise to advance industrial simulation and physical AI in manufacturing. The initiative is expected to enhance AsiaInfo's strategic partnerships and create new growth opportunities. The current analyst rating for AsiaInfo stock (HK:1675) is a Hold with a price target of HK$8.20.

Tip Ranks·
HK
01675
+0.94%
Tip Ranks·
HK
01675
+0.94%

Hong Kong stock market close | Hang Seng Index slightly up, technology sector under pressure, gold strengthens, ZIJIN MINING rises 4.36%, FANGZHOU JIANKE surges 33.22%

On January 26th, Hong Kong stocks closed with mixed results across the three major indices. The Hang Seng Index saw a slight increase, while the Hang Seng Tech Index declined, indicating a divergence in market performance. The gold sector experienced significant capital inflow, driving stocks like ZIJIN MINING to rise sharply. The internet and retail sectors were sluggish, with Alibaba and Meituan showing weak performance. Stocks like FANGZHOU JIANKE and Longbridge saw notable gains, creating localized market hotspots. Overall, defensive and theme-driven sectors attracted capital. Macro attention is focused on liquidity and external trade, with structural investment opportunities still available

Market Heartbeat·
HK
09988
-1.96%
HK
09992
-0.91%
Market Heartbeat·
HK
09988
-1.96%
HK
09992
-0.91%

Hong Kong stock market intraday | Hang Seng Index fluctuates slightly down, technology sector under pressure, Zijin Mining leads gold stocks

The three major indices of the Hong Kong stock market fluctuated sideways during the trading session, with the Hang Seng Index slightly retreating and the Hang Seng Tech Index experiencing notable declines. The gold sector performed well, with Zijin Mining leading the gains, while sectors such as consumption and internet content faced overall pressure, showing significant divergence. Popular stocks like Ark Health and Meijiayin Holdings exhibited strong upward momentum, reflecting the market's focus on high-growth and event-driven varieties. Risk aversion sentiment among investors continues, actively flowing towards gold and emerging growth concepts, with the overall market remaining cautious

Market Heartbeat·
HK
09988
-1.96%
HK
09992
-0.91%
Market Heartbeat·
HK
09988
-1.96%
HK
09992
-0.91%
Posts
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