iShares MSCI Em

Tencent Games to showcase multiple cutting-edge technological achievements at GDC 2026

Pony.ai's Robotaxi service is officially integrated into Tencent Mobility Services.

Tencent-backed AI chip company Enflame Technology reportedly plans for a Hong Kong IPO.

AI shopping becomes a hot trend for the new year; Alibaba's Tongyi Qianwen facilitated nearly 200 million 'one-sentence orders' during the Spring Festival

Tencent Plans to Launch Built-in AI Assistant in WeChat

Alibaba and Tencent jointly invest in brain-computer interface company Jieti Medical for the first time

Online Games and Game Exports Included in China's 15th Five-Year Development Plan

China to Release Key Jan-Feb Macroeconomic Data

China Internet Finance Association Issues Risk Warning on OpenClaw Application Security

Tencent Cloud Significantly Increases API Prices for its Hunyuan Large Language Models

Tencent launches SkillHub community, aiming to build an "app store" ecosystem for AI agents

Alibaba faces AI leadership shakeup, but Qwen model sees rapid user growth.

Alibaba's cloud unit accelerates the launch of a super-large-scale computing center in Shanghai.

Significant Inflow of Southbound Capital This Week, Tencent Holdings Ranks First in Trading Volume

Alibaba and Tencent jointly invest in brain-computer interface company Ladder Medical for the first time

Tencent Customer Service Responds to Trending Topic 'WeChat Moments Editing Feature'

Tencent Officially Becomes a Sponsor of the OpenClaw Community

Tencent Launches SkillHub Community to Capture AI Market

Tencent and Alibaba jointly invest in an embodied intelligence unicorn company

Tencent Qiyun Joins OpenClaw Sponsors, Founder Criticizes Data Scraping

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Since March, more than a dozen banks, including Bank of China, CCB, PSBC, PAB, Bank of Ningbo, and ZYBANK, have listed non-performing asset packages, with the total amount of non-performing loans intended for transfer reaching billions. Both large state-owned banks and small to medium-sized banks have participated in this batch disposal of non-performing assets, and the overall disposal efforts continue to intensify

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Fullgoal CSI 800 Banks ETF

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Bank of Ningbo

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More than a dozen banks are successively listing for the transfer of non-performing assets

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Chinese AI startup "Dark Side of the Moon" is seeking a new round of financing, aiming to raise up to $1 billion, with a valuation reaching approximately $18 billion, more than quadrupling its valuation from three months ago. The company's developed chatbot "Kimi" has attracted investor attention, having previously secured over $700 million in funding, with participants including Alibaba and Tencent

- Moonshot AI, one of China's "AI Six Tigers," is reportedly seeking to raise up to $1 billion in its latest financing round, aiming for a valuation of about $18 billion.  
- This valuation marks over a fourfold increase from three months ago, indicating growing investor interest in Chinese AI startups.  
- While it's unclear which investors are participating in this latest round, the company previously raised over $700 million earlier this year at a $10 billion valuation, with backing from Alibaba and Tencent.

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The "AI Six Little Tigers" Dark Side of the Moon reportedly seeks a new round of financing with a valuation of 140.4 billion

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Alibaba Cloud released its 2025 customer success cases, showing a significant increase in demand for AI solutions. As enterprises expand their AI applications, Alibaba Cloud's infrastructure and model series have received widespread attention. The cases include supporting Malaysian electric vehicle company PRO-NET in building a data-driven model, assisting AI Singapore in launching the multilingual model Qwen-SEA-LION-v4, and upgrading the traditional Chinese medicine consulting platform in Hong Kong to promote the modernization of traditional Chinese medicine

- Alibaba's cloud division, Alibaba Cloud, has released a series of customer success stories for 2025, highlighting the increased demand for comprehensive AI solutions across various industries.  
- Notable projects include supporting Malaysia's PRO-NET in developing AI-driven transportation solutions, enhancing Singapore’s AI capabilities with the new Qwen-SEA-LION-v4 model, and upgrading traditional Chinese medicine consultative platforms in Hong Kong.  
- Additionally, Alibaba Cloud is collaborating with Japan's and factory to innovate AI applications in the manga industry, improving creative efficiency and expanding global reach for Japanese comics.

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Alibaba Cloud releases 2025 customer success cases, with a significant increase in demand for comprehensive AI solutions

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Alibaba Group (BABA) has launched a new mobile app called "JVS Claw" to tap into China's growing AI trend with its OpenClaw agentic AI assistant. The app allows users to easily manage tasks like online shopping and travel bookings without coding skills. This move comes amid rising competition from other tech firms like Baidu and Tencent. Wall Street analysts maintain a Strong Buy consensus on Alibaba stock, with a price target suggesting a potential upside of 45.18%.

- China's tech giants are developing OpenClaw, an innovative AI assistant that performs real-world tasks and has caught widespread attention among various demographics.  
- Alibaba has launched the "JVS Claw" app, enabling users to easily implement this AI assistant for tasks like shopping and travel booking, available for free for the first 14 days.  
- As competition intensifies, other companies like Baidu and Tencent are entering the market, while authorities express caution over data security with certain restrictions on app installation in government sectors.

Tip Ranks

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Alibaba (BABA) Jumps into China's New 'AI Craze' with OpenClaw App

Yu Bowen, the post-training leader of the Qwen large model at Alibaba's Tongyi Laboratory, has joined ByteDance as the post-training leader of the Seed team's visual model and multimodal interaction team. ByteDance's Seed team is its core AI research and development department, currently led by former Google DeepMind research vice president Eric Wu. The Qianwen team at Alibaba has seen a reduction in its management scope due to organizational restructuring, leading to the departure of Yu Bowen and other senior executives

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According to reports, Alibaba's Qianwen senior executive Yu Bowen has joined ByteDance

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Alibaba-W's Qianwen APP has officially launched the new Qwen-Image 2.0, which integrates raw image generation and editing, supporting text-to-image generation, basic editing, and multi-scene creation, with comprehensive upgrades in complex text rendering, realistic texture representation, and command understanding. Users can click on "AI Image Generation" in the APP and select the model to start creating

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Franklin Exponential Data ETF

Qwen-Image 2.0 launched on Qianwen APP, integrating generation and editing of images

Morgan Stanley has maintained a Buy rating for Alibaba Group Holding Ltd. (9988) as of March 11, with a price target of HK$175.50, while the shares closed at HK$133.20. The overall analyst consensus for Alibaba is a Strong Buy, with an average price target of HK$194.62, indicating a potential upside of 46.11%. Additionally, TipRanks also reiterated a Buy rating with a price target of HK$142.00.

- Morgan Stanley analyst maintained a Buy rating on Alibaba Group Holding Ltd. with a price target of HK$175.50, while shares closed at HK$133.20.  
- The analyst consensus suggests a Strong Buy rating for Alibaba with an average price target of HK$194.62, indicating a 46.11% upside.  
- TipRanks also reiterated a Buy rating on Alibaba with a price target of HK$142.00 in a report released on March 10.

Morgan Stanley Sticks to Their Buy Rating for Alibaba Group Holding Ltd. (9988)

Tencent's SkillHub platform has been accused of copying a large amount of official data from the open-source AI software OpenClaw without communication, leading to dissatisfaction from founder Peter Steinberger, who accused Tencent of plagiarism and driving up server costs. Tencent responded by calling it a "mirror site," stating that the synchronized data is only 1GB and has been properly attributed. Nevertheless, Steinberger remains angry about Tencent's actions, believing that Tencent should better support the OpenClaw project

- The rapid popularity of the open-source AI agent software OpenClaw has led to controversy with Tencent’s SkillHub, which is accused of copying data from OpenClaw's official marketplace.  
- OpenClaw's founder, Peter Steinberger, expressed strong dissatisfaction on social media, claiming Tencent's actions have increased server costs and lacking direct communication.  
- Tencent responded, stating that SkillHub merely replicated a small portion of data and emphasized that they had no intention of misappropriation, insisting they had marked the source of the content.

Tencent is accused of plagiarizing "crayfish" data, and the founder blasts: plagiarism and driving up server costs

Pony AI has partnered with Tencent to integrate its robotaxi service into WeChat, allowing over 1 billion users to book driverless rides in Guangzhou. This collaboration enhances Pony AI's market reach and operational capabilities, with plans to expand its fleet to over 3,000 vehicles by 2026. The company recently joined the MSCI China Index, aiming to attract global investors. Despite a bearish stock trend, analysts maintain a Buy rating with a target price of $22.36. Pony AI is set to report earnings on March 26, 2026, with an EPS estimate of 22 cents.

- Pony AI Inc. announced expanded access to its driverless robotaxi service in Guangzhou through Tencent's WeChat platform, enhancing service accessibility.  
- This integration is part of a strategic partnership with Tencent Cloud and aims to increase Pony AI’s fleet to over 3,000 vehicles by the end of 2026.  
- Additionally, Pony AI was added to the MSCI China Index, aiming to attract global institutional investors while facing current bearish stock trends.

benzinga_article

Pony AI Taps WeChat's Billion Users To Supercharge Robotaxi Bookings

Tencent launched the AI Skills community "SkillHub," based on the OpenClaw open-source ecosystem. OpenClaw founder Peter Steinberger accused Tencent of plagiarism, claiming that its high-frequency scraping behavior has led to increased server costs. Tencent responded that SkillHub is a local mirror for Chinese users, labeling ClawHub as the original source, and stated that it has distributed 180GB of traffic, alleviating the burden on ClawHub. Team members, who are also project contributors, stated that they will continue to support the ecosystem

Tencent is accused of plagiarism by the founder of OpenClaw, response: original source is cited

The Alibaba Entrepreneurs Fund JUMPSTARTER 2026 was unveiled on the 12th, with the theme "From Artificial Intelligence to Practical Applications: Driving the Next Generation of Startups in Hong Kong." The event explored Hong Kong's innovation and technology ecosystem, emphasizing the dual engines of investment and policy to help startups transition from concept validation to market application. The grand final lasts for two days, with 30 top teams competing for a USD 5 million investment opportunity, discussing the practical deployment of artificial intelligence and sustainable outcomes. The Deputy Secretary for Financial Services and the Treasury stated that the government will strengthen infrastructure support for the development of innovative technologies

Alibaba Entrepreneur Fund JUMPSTARTER 2026 unveiled, exploring reliable AI implementation models

The AI-native desktop intelligent agent WorkBuddy (Tencent's version of Xiaolongxia) under Tencent Cloud released a new version on March 12. The new version introduced four core features: one-click connection to WeChat, stable access to long links in WeChat Work, automated task execution and monitoring, and support for importing skills, significantly lowering the usage threshold and enabling ordinary users to easily achieve "shrimp farming" office work

Tencent's version of crayfish WorkBuddy evolves again

Alibaba will announce its fiscal third-quarter results for the fiscal year 2026 next Thursday, with a projected non-GAAP net profit decline of 37.6% to 50.8% year-on-year. Affected by weak consumption in the mainland and industry competition, the growth of e-commerce customer management revenue has slowed. According to ratings from 12 brokerages, firms such as Jefferies, DBS, and JP Morgan have all given buy ratings, with target prices ranging from HKD 197 to HKD 218. The market is focused on Alibaba's investments in artificial intelligence and instant retail and their impact on future performance

Investment Ratings and Target Prices for Alibaba by Major Institutions (Table)

Reuters

Alibaba Unveils AI Model for Early Detection of Fatty Liver Disease

- The launch of Tencent's WorkBuddy on March 9, 2026, followed the success of OpenClaw, showcasing high user demand and leading to a necessary tenfold increase in service capacity.  
- WorkBuddy was developed using the same foundational architecture as CodeBuddy, Tencent's AI programming tool, aiming for a secure, self-developed product that aligns with user scenarios.  
- As the AI industry shifts focus to practical implementation, WorkBuddy responds to user needs for content curation and analysis, balancing automation with safety concerns in the evolving landscape of desktop agents.

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Interview with the head of Tencent WorkBuddy: Ambitions of a product aiming to benchmark Cowork

This is semi-official bad news for all.

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Global X NASDAQ 100 Collar 95-110 ETF

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Financial Select Sector SPDR Fund

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Avantis Emerging Markets Equity ETF

UBS has downgraded its rating on US stocks to neutral allocation while maintaining an overweight on emerging market equities. The bank pointed out that the US market faces multiple risks, including low operating leverage, downside risks for the dollar, lackluster buyback yields, and high valuations. The strategy team stated that the drawdown of the US market relative to the global market is the largest in nearly 15 years

UBS downgrades US stock ratings, warning of multiple risks including policy and valuation

iShares MSCI Em(EEM.US)

More than a dozen banks are successively listing for the transfer of non-performing assets

The "AI Six Little Tigers" Dark Side of the Moon reportedly seeks a new round of financing with a valuation of 140.4 billion

Alibaba Cloud releases 2025 customer success cases, with a significant increase in demand for comprehensive AI solutions

Alibaba (BABA) Jumps into China's New 'AI Craze' with OpenClaw App

According to reports, Alibaba's Qianwen senior executive Yu Bowen has joined ByteDance