BPALIBA@EC2603C(17189.HK)

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BPALIBA@EC2603C

17189.HK

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News

BABA, TCEHY: Why Are Chinese Tech Stocks Climbing Today?

Chinese tech stocks, including Alibaba (BABA) and Tencent (TCEHY), rose after Beijing approved the purchase of over 400,000 Nvidia H200 AI chips by major internet companies. While the approvals are seen as a positive sign for tech firms investing in AI, they come with conditions that are still being determined. The H200 chips are crucial for training AI models, and despite China's push for domestic chip reliance, limited imports are allowed to support AI development.

Tip Ranks·14 Hours ago

Tip Ranks·14 Hours ago

The Hang Seng Index "rose for six consecutive days" to a four-and-a-half-year high, with resource and financial stocks dancing

The Hang Seng Index has risen for six consecutive days, with a cumulative increase of 1,339 points (5.1%), reaching a new high in four and a half years. The market is focused on the Federal Reserve's monetary policy meeting and the performance of technology stocks. The Dow Jones Industrial Average fell by 0.8% due to a decline in UnitedHealth's stock price, while the Nasdaq rose by 0.9%. The Hang Seng Index closed at 27,826 points, up 699 points (2.6%), with the National Index and Hang Seng Tech Index also showing gains. Financial and technology stocks performed well, with both Alibaba and Tencent rising. Northbound trading recorded a net outflow of 3.427 billion yuan, marking four consecutive days of net outflows

AASTOCKS·14 Hours ago

AASTOCKS·14 Hours ago

The total short selling in the Hong Kong stock market for the day was HKD 59.84 billion, accounting for 20.4% of the turnover of shortable stocks

The total short selling amount in the Hong Kong stock market reached HKD 59.84 billion, accounting for 20.4% of the turnover of shortable stocks. The main shorted stocks include TRACKER FUND, HSCEI ETF, CSOP HS TECH, Alibaba, and POP MART, with short selling ratios of 38.6%, 41.8%, 47.8%, 9.3%, and 21.3%, respectively

AASTOCKS·14 Hours ago

AASTOCKS·14 Hours ago

EXCLUSIVE-China gives green light to importing first batch of Nvidia's H200 AI chips, sources say

China has approved the import of its first batch of Nvidia's H200 AI chips, a significant move as it balances AI needs with domestic development. The approval, covering several hundred thousand chips, was granted during Nvidia CEO Jensen Huang's visit to China. The initial batch is primarily allocated to three major Chinese internet companies, with others awaiting subsequent approvals. Neither China's ministries nor Nvidia have commented on the matter yet.

Reuters·19 Hours ago

Alibaba Cloud launches Clawdbot full suite of cloud services, now integrated with Qianwen, DingTalk, and iMessage

On January 28th, Alibaba Cloud launched the full suite of Moltbot (formerly known as Clawdbot) cloud services, allowing users to quickly enable the service on Alibaba Cloud's lightweight application servers or Shadow Cloud PCs, and call upon over a hundred Qianwen series models from Alibaba Cloud's Bai Lian as needed. This solution supports the iMessage messaging application and enables DingTalk message interactions through Alibaba Cloud Computing Nest

Wallstreetcn·15 Hours ago

Wallstreetcn·15 Hours ago

Posts

Moose_8 Hours ago

Alibaba Cloud's new service integration is smart. But the cloud market is brutally competitive globally

Revolution～15 Hours ago

If Alibaba can turn its AI investments into measurable cloud revenue growth, sentiment could flip fast. Right now, it feels like investors are watching, not buying.

Kellyk31015 Hours ago

$Alibaba(BABA.US) BABA trading sideways while China tech tries to find a theme.

dingdongbell

Rate Of ReturnYesterday at 14:31

All the best, everyone. However your portfolio is.

TehCYesterday at 06:03

$Alibaba(BABA.US) Market watching cloud growth — BABA’s Alicloud earnings soon?