MSALIHI@EP2608A

HSBC Raises Target Prices for JD Health and Alibaba Health

Alibaba Health Secures Systemic Licensing of People's Health Press Medical Publications

AliHealth's Medical AI Product Hydrogen Ion Reaches Content Collaboration with Chinese Medical Association

Alibaba Health's Hydrogen Ion Updates Precision Positioning Feature

Alibaba Health Pharmaceutical Chain Co., Ltd. Investigated for False Advertising

Alibaba Health Launches AI Product 'Hydroion'

Dain Biosea's Manlejing® Melatonin Granules Launched on Ali Health

Alibaba Health Partners with MeiLson for Pediatric Innovation Drug Cooperation

JPMorgan Increases Stake in Alibaba Health to 8.12%

Alibaba Health and Beijing Meiersen Announce Strategic Collaboration in Pediatric Specialty Innovative Drugs

Alibaba Health Special Shareholders' Meeting Approves Revision of Annual Cap for Marketing and Promotion Services

Huahuaic Jiangzhong Six Flavor Rehmannia Paste Launches on Ali Health

Alibaba Health and Guangzhou Pharmaceutical Sign Comprehensive Strategic Cooperation Agreement

Influenza Epidemic Leads to Surge in Demand for Anti-Influenza Drugs

Morgan Stanley Raises Target Price for AliHuang to HKD 4.6

Alibaba Health Reports Q3 2025 Financial Results

Alibaba Health Reports Strong First Half of Fiscal 2026, Revenue Reaches RMB 166.97 Billion

Guotai Junan Maintains Buy Rating on Ali Health Information Technology with Target Price of HKD 5.69

JPMorgan 增持阿里健康

Goldman Sachs Maintains Neutral Rating on Alibaba Health and Raises Target Price

HKC INT'L RTS

TIANBAO ENERGY

SUMMI

HANG YICK RTS

UNI PRINTSHOP

CHERISH SUN

NE ELECTRIC

SINO GAS HLDGS

MANY IDEA CLOUD

CREATIVE CHINA

00241

09988

BABA

513770

BABX

KWEB

159998

512380

KBAB

EBIZ

513040

YINN

159855

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BABO

The research report from China Merchants Securities International points out that Alibaba has built a full-stack AI layout, including infrastructure, models, and product application ecosystems. The report emphasizes Alibaba's advantages in computing power infrastructure, open-source ecosystem, product ecosystem, and cloud business, forecasting a year-on-year growth rate of 42% and 28% for net profit attributable to the parent company in the fiscal years 2027 and 2028. The target price for Alibaba's U.S. stocks is maintained at $204, the target price for H shares is HKD 198, with a rating of "Buy," and it is listed as a top choice in Chinese internet

AASTOCKS

ALI HEALTH

BABA-W

Alibaba

Global X Fintech

Hwabao CSI HK Equities Internet ETF

BABA 2x Long Daily ETF - GraniteShares

Krne Csi China Internet

Tianhong CSI Computer Theme ETF

Yinhua MSCI China A ETF

KraneShares 2x Long BABA Daily ETF

Comm Servcies Select Sector SPDR

Global X E-commerce ETF

E Fund CSI HK Connect Internet ETF

Direxion FTSE China Bull 3X

Yinhua CSI Movies Theme ETF

ChinaAMC CSI Cultural Entertainment Media ETF

Invesco Golden Dragon China

YieldMax BABA Option Income Strategy ETF

"Large Firms" CICC: Alibaba builds a full-stack AI layout, continues to be the top choice for Chinese internet

09868

06618

03690

03033

The Hong Kong stock market opened higher in the morning, with the Hang Seng Index rising 154 points to 26,745 points, and the National Index and Hang Seng Tech Index increasing by 61 points and 45 points, respectively. Technology stocks generally rebounded, with JD.com, Alibaba, and Meituan each opening 1.2% higher, while Tencent and Baidu saw slight increases. In the automotive sector, Li Auto and XPeng opened 1.5% and 2.8% higher, respectively. Financial stocks saw HSBC opening 0.4% higher, while Standard Chartered opened 1.2% lower. Real estate stocks New World Development and Cheung Kong Holdings opened lower

XPENG-W

JD HEALTH

MEITUAN

TENCENT

JD.com

CSOP HS TECH

Guotai CSI Computer Theme ETF

Dacheng Hang Seng Technology ETF(QDII)

CAM HS TECH

ChinaAMC Hang Seng Technology ETF(QDII)

"Hong Kong Stocks" Hang Seng Index opened high at 154 points, technology stocks rebound

00HSI

TCEHY

The Hang Seng Index opened 168 points lower this morning, with a maximum drop of 558 points, closing at 26,560 points, down 521 points or 1.93%. The Tech Index fell 127 points or 2.36%. Tencent and Alibaba dropped 3.4% and 3%, respectively, while Meituan fell 4.8%. Pharmaceutical stocks performed weakly, with Hansoh Pharmaceutical down 6.5%. Domestic insurance stocks also showed weakness, with China Life down over 6%. All three major U.S. stock indices fell, and market risk aversion sentiment increased

- The Hang Seng Index opened 168 points lower and experienced a significant drop, reaching a low of 26,523 points before stabilizing at 26,560 points, down 521 points or 1.93%.  
- Major stocks like Tencent and Alibaba fell by 3.4% and 3%, respectively, contributing to the index's decline alongside losses in pharmaceutical stocks.  
- Despite the market's downturn influenced by geopolitical tensions and AI concerns, some AI-related companies saw gains, with shares of Zhipu and MINIMAX rising by 20% and nearly 8%.

Stheadline

Hang Seng Index

Tencent

Tencent Holdings Limited

FI2 CSOP HSI

FL2 CSOP HSI

Hang Seng TECH ETF I

The Hang Seng Index fluctuated daily, dropping 521 points in half a day, Tencent fell over 3%, Zhizhu rebounded by 20%, while pharmaceutical and domestic insurance stocks were weak | Hong Kong stock market opens

Ant Group's Alipay AI Pay and AI Health App AQ each surpassed 100 million users during the 2026 Chinese New Year, reflecting a surge in AI adoption in China. Alipay AI Pay processed over 120 million transactions in a week, becoming the first AI-native payment product to reach this milestone. Meanwhile, AQ became the world's largest AI-native health app, with significant growth in third-tier cities. The app's features gained popularity among users, especially during travel, highlighting a focused AI strategy by Ant Group in specialized sectors like payments and healthcare.

MorningStar

VG Health

iShares US Pharma

iShares Global Healthcare

iShares Biotechnology ETF

Bosera Hang Seng Health Care ETF(QDII)

E Fund CSI 300 Health Care ETF

ChinaAMC SSE Health Care ETF Initiating Fund

Health Care Select Sector SPDR

ALPS Medical Breakthrough

Ant Group’s Alipay AI Pay and AI Health App AQ Each Surpass 100 Million Users During CNY as AI Adoption Accelerates in China

ARKF

Hong Kong Gold Exchange has partnered with Alibaba's subsidiary to develop a blockchain for digital commodities and an international trading platform. Announced during the New Year opening ceremony, the initiative aims to unify risk management and regulatory systems for various trading types. The project is expected to be completed within six months and will integrate into the Hong Kong Gold Central Clearing System established by the government.

CoinLive

ARK Fintech Innovation ETF

Hong Kong Gold Exchange Collaborates with Alibaba on Blockchain Development

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The total short selling amount in the Hong Kong stock market reached HKD 39.44 billion, accounting for 29% of the trading volume of shortable stocks. The previous day was 28.2%. The five stocks with the highest short selling amounts are: CSOP HS TECH short selling ratio 64.4%, amount HKD 4.83 billion; TRACKER FUND short selling ratio 52.1%, amount HKD 4.62 billion; HSCEI ETF short selling ratio 44.5%, amount HKD 3.37 billion; Alibaba-W short selling ratio 21%, amount HKD 2.2 billion; XIAOMI-W short selling ratio 47.8%, amount HKD 1.59 billion

TRACKER FUND

XIAOMI-W

HSCEI ETF

The total short selling in Hong Kong stocks for the day was HKD 39.44 billion, accounting for 29% of the turnover of shortable shares

Alibaba has launched Qwen3.5, an AI model with multimodal capabilities that can process text, images, and video simultaneously. It supports new coding standards and is compatible with popular open-source tools. Despite having fewer parameters than previous models, Alibaba claims significant optimizations in performance, cost, and speed. The model can now operate in 201 languages, reflecting its international ambitions. Positioned as a competitor to models from OpenAI and Google, Qwen3.5's development comes amid fierce competition in the AI-agent sector, highlighting the narrowing performance gap between Chinese and Western AI models.

marketscreener

Alibaba Unveils Qwen3.5, Aligning with the New Generation of AI Agents

AIYY

Moonshot AI, a Chinese artificial intelligence startup recognized for its Kimi chatbot, is aiming to double its valuation to $100 billion through a new funding round. According to NS3.AI, this follows a recent $500 million raise at a $43 billion valuation. Major investors, including Alibaba, Tencent, and 5Y Capital, have already committed over $700 million in the initial tranche. This development highlights strong investor enthusiasm for Chinese AI model companies and their growth potential.

iShares China Large Cap

YieldMax AI Option Income Strategy ETF

Direxion FTSE China Bear 3X

Guotai MSCI China A ESG General ETF

iShares MSCI China

Chinese AI Startup Moonshot AI Aims for $100 Billion Valuation in New Funding Round

On the stage of the CCTV Spring Festival Gala during the Year of the Horse, the technology brand "Ant Afu" made an appearance in the skit "Blood Pressure Monitor." During the Spring Festival, young people returning home taught their families to use Afu to manage health, driving the app's download volume to continue rising, topping the App Store's overall download chart for three consecutive days

Wallstreetcn

Ant Financial's Aifu appeared on the stage of the Spring Festival Gala in the Year of the Horse

MPNGY

On February 16, Hong Kong stocks showed mixed performance, rebounding above the 27,000 mark on Monday and closing at 26,567 on Friday, with only an 8-point increase during the week. Northbound capital will pause until next Tuesday, recording a net inflow of HKD 20.2 billion before the holiday on Friday. Meituan's profit warning affected its stock price, which may drag down Alibaba and JD.com. The Hang Seng Index cannot afford to fall below the 26,200 level; if it fails to rise above 27,000, the market outlook will be relatively bearish. The short-term trading range for Hong Kong stocks is approximately 26,000-27,000, with only a half-day market today

- On February 16, Hong Kong stocks exhibited volatile performance, closing the week with only an 8-point increase.  
- The market is expected to open slightly lower as Northbound capital pauses until next Tuesday, with investors likely to be cautious ahead of the Chinese New Year holiday.  
- Concerns over Meituan's prolonged path to profitability may pressure its stock and impact others like Alibaba and JD, with key support levels around 26200 to watch for potential declines.

Meituan

JD-SW

JD LOGISTICS

China Southern Hang Seng ETF

ChinaAMC Hang Seng ETF

KraneShares 2x Long JD Daily ETF

The half-day market closes early during the Spring Festival holiday | Gu Tianhou

BIDU

On February 13th, the State Administration for Market Regulation interviewed platform companies such as Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Flash Sale, requiring them to comply with relevant laws and regulations, fulfill their main responsibilities, standardize promotional activities, and eliminate "involutionary" competition to maintain a fair competitive market environment and promote the innovation and healthy development of the platform economy

- On February 13, the State Administration for Market Regulation discussed compliance with various laws aimed at promoting fair competition with major platforms including Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Shanguo.  
- The platform enterprises were urged to eliminate "involution" competition and to enhance responsible promotional practices to foster a healthy platform economy.  
- The article also includes a disclaimer about investment risks and advises users to consider their individual circumstances before making investment decisions.

Baidu

The State Administration for Market Regulation interviewed platform companies such as Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Flash Sale

China's ByteDance has launched the Doubao 2.0 AI model, an upgrade to its popular AI app, aiming to compete with rivals like Alibaba and DeepSeek. The new model is designed for the 'agent era', capable of complex tasks and reducing operational costs significantly. Doubao leads in China with 155 million weekly active users, while DeepSeek follows with 81.6 million. The release comes as ByteDance seeks to maintain its market position amid increasing competition, particularly after Alibaba's recent user growth surge for its Qwen AI app.

- China's ByteDance launched its Doubao 2.0 model, an upgrade of its popular AI app, in hopes of attracting attention during the Lunar New Year.  
- This release aims to counter competition from rivals like DeepSeek and Alibaba, which have gained immense popularity in the AI market.  
- Doubao 2.0 boasts advanced capabilities and cost advantages, solidifying its position as the leading AI chatbot in China with 155 million weekly active users.

Yahoo Finance

China’s ByteDance releases Doubao 2.0 AI model for 'agent era'

On February 13th, the State Administration for Market Regulation interviewed seven platform companies, including Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao Flash Sale, requiring them to strictly comply with relevant laws and regulations, fulfill their main responsibilities, standardize promotional activities, and eliminate "involution" competition to maintain a fair competitive market environment and promote the innovation and healthy development of the platform economy

BIDU-SW

The State Administration for Market Regulation interviewed 7 platform companies

$XTALPI(02228.HK) Goldman Sachs launched the &#34;China AI Healthcare Index&#34; today, with Pharmaron as the top-weighted stock $ALI HEALTH(00241.HK)$JD HEALTH(06618.HK)$PA GOODDOCTOR(01833.HK)$YIDU TECH(02158.HK)$MircroPort Medbot-B(02252.HK)

MSALIHI@EP2608A(24658.HK)

"Large Firms" CICC: Alibaba builds a full-stack AI layout, continues to be the top choice for Chinese internet

"Hong Kong Stocks" Hang Seng Index opened high at 154 points, technology stocks rebound

The Hang Seng Index fluctuated daily, dropping 521 points in half a day, Tencent fell over 3%, Zhizhu rebounded by 20%, while pharmaceutical and domestic insurance stocks were weak | Hong Kong stock market opens

Ant Group’s Alipay AI Pay and AI Health App AQ Each Surpass 100 Million Users During CNY as AI Adoption Accelerates in China

Hong Kong Gold Exchange Collaborates with Alibaba on Blockchain Development