---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41139852.md"
description: "$Alibaba(BABA.US) $BABA-W(09988.HK) $Z.AI(02513.HK) $MINIMAX-W(00100.HK)  Yesterday on the large model arena.ai, $Alibaba(BABA.US)'s qwen3.7-max-20260517 model moved up to 4th place in capability rankings, surpassing claude-opus-4-6. This is currently the best programming ranking for a domestic large model on the leaderboard (previously held by Zhipu's GLM5.1). Logically, this should be a major positive for $Alibaba(BABA.US)'s stock price (qwen3.7-max-20260517 is closed-source and exclusive to $Alibaba(BABA.US) Cloud, increasing its 'uniqueness' and 'exclusivity'). Why hasn't the stock price reacted at all? Instead, Zhipu is still surging. Has the news not spread and fermented yet?"
datetime: "2026-05-27T02:33:58.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41139852.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41139852.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41139852.md)
author: "[华尔街内幕人](https://longbridge.com/en/profiles/11784206.md)"
---

# $Alibaba(BABA.US) $BABA-W(09988.HK) $Z.AI(02513.HK…


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## Comments (1)

- **lifeandtime · 2026-05-27T03:28:49.000Z**: Market focus is not here.