UB#ALIBARP2810F

HAO TIAN INTL

PETRO-KING

SHANDONG MOLONG

CHK OIL

GLOBAL UIN

ZONQING LTD

DZUG

MANY IDEA CLOUD

UNITAS HOLD

09988

KBAB

BABA

BABX

Alibaba's Qwen has open-sourced the Qwen 3.5 small-size model series, and Musk stated on X that it possesses "impressive intelligence density." Lin Junyang, a member of the Qwen team, expressed gratitude for this. The performance of this model series surpasses that of the hundred billion parameter scale gpt-oss-120B, marking a shift in the large model industry from purely "brute force" to the practical deployment of "lightweight intelligent agents."

- Alibaba's Qwen has open-sourced the Qwen3.5 model series, which includes sizes of 0.8B, 2B, 4B, and 9B.  
- Elon Musk praised these models on X for their "impressive intelligence density," noting that the 9B version's performance rivals or surpasses that of the larger gpt-oss-120B model in several tests.  
- The release of all eight models under the Apache 2.0 license signifies a shift in the large model industry toward practical deployment focused on lightweight intelligent agents rather than purely on size.

Wallstreetcn

BABA-W

KraneShares 2x Long BABA Daily ETF

Alibaba

BABA 2x Long Daily ETF - GraniteShares

Elon Musk praises Qianwen's new model intelligent density

KWEB

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300075

512380

YINN

Morgan Stanley estimates that the total promotional expenditure across platforms is likely to exceed 8 billion yuan. Doubao stands out with its top traffic entry from the CCTV Spring Festival Gala and relatively balanced three-dimensional performance; Tongyi Qianwen has achieved an impressive order scale through deep integration within the Alibaba ecosystem, but the quality of user participation needs improvement

- Morgan Stanley's report analyzes the intense competition among four Chinese tech giants in the consumer AI sector during the 2026 Spring Festival.  
- Promotions and cash subsidies likely exceeded 8 billion yuan, with significant user growth observed; however, retention varied, with Doubao and Tongyi Qianwen performing notably better than Yuanbao and Baidu.  
- The ultimate success will depend on the platforms' ability to retain users post-subsidy through product utility, ecosystem integration, and real value creation beyond financial incentives.

Krne Csi China Internet

Guotai MSCI China A ESG General ETF

eGOVA

Yinhua MSCI China A ETF

Direxion FTSE China Bull 3X

The first AI Spring Festival battle, who won?

BABO

Elon Musk praised Alibaba's three open-source Qwen3.5 models, including Qwen3.5-35B-A3B, Qwen3.5-122B-A10B, and Qwen3.5-27B, believing they set a new high in performance for medium-sized models. This innovation has attracted market attention and may signal a positive outlook for human-machine technology collaboration

YieldMax BABA Option Income Strategy ETF

Elon Musk praises Alibaba Qwen model

CLOU

Aviso Financial Inc. has acquired a new position in Alibaba Group Holding Limited (NYSE:BABA), purchasing 8,285 shares valued at approximately $1.48 million during Q3. Other institutional investors have also adjusted their stakes in Alibaba. The stock is currently down 2.7%, with a market cap of $343.98 billion and a PE ratio of 19.90. Analysts have mixed ratings, with 16 recommending a buy and a consensus target price of $195.17. Positive sentiment surrounds Alibaba's cloud technology and AI initiatives, while political uncertainties continue to create volatility.

- Aviso Financial Inc. purchased 8,285 shares of Alibaba Group, valued at approximately $1,481,000, during the 3rd quarter.  
- Other institutional investors, such as Brighton Jones and AQR Capital Management, have also adjusted their stakes in Alibaba, indicating growing interest.  
- Despite a recent 2.7% decline in stock price, analysts maintain a consensus "Moderate Buy" rating, with positive sentiment surrounding Alibaba's cloud services and AI initiatives ahead of their upcoming earnings report.

Market Beat

Global X Cloud Computing ETF

Aviso Financial Inc. Takes Position in Alibaba Group Holding Limited $BABA

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On March 2nd, Hong Kong stocks closed with all three major indices retreating, with the Hang Seng Tech Index plummeting 2.89% and falling below the 5000-point mark. Market sentiment cooled, with technology and consumer heavyweight stocks experiencing widespread declines; Alibaba fell 4.55%, and Xiaomi Group dropped 5.04%. On the other hand, influenced by geopolitical tensions and soaring oil prices, the oil and gas exploration sector rose against the trend, with CNOOC increasing by 5.61% and CHK OIL soaring by 154.24%. Southbound funds continued to flow in, and the market is focused on subsequent macro data to verify the strength of economic recovery

- On March 2nd, Hong Kong's stock indices experienced a significant decline, with the Hang Seng Index down 2.14% to 26,059.85 points.  
- The energy sector saw a surge, driven by geopolitical tensions, with China National Petroleum jumping 154.24%.  
- In contrast, major retailers and tech stocks faced downward pressure, reflecting increased selling amidst a cautious market sentiment.

Market Heartbeat

UNITEDENERGY GP

CNOOC

MNSO

JD-SW

BIDU-SW

KUAISHOU-W

TENCENT

YANCHANG PETRO

XIMEI RESOURCES

China Universal CSI Oil & Gas Resources ETF

Hong Kong Stock Market Closing | Hang Seng Index falls below 5000 points, CHK OIL surges 154.24%, oil and gas stocks explode against the trend

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STECH

MPNGY

The Hang Seng Index closed at 26,059 points, down 570 points or 2.1%; the Hang Seng TECH Index reported 4,989 points, down 148 points or 2.9%. The total market turnover was HKD 357.679 billion. Major stocks such as Xiaomi Group, Meituan, and Alibaba all experienced declines, falling over 5% and 4% respectively. Stocks like Xinyi Glass, CNOOC, and PetroChina reached new highs with active trading

AASTOCKS

MEITUAN

Hang Seng TECH Index

XIAOMI-W

Hang Seng Index

Meituan

ALI HEALTH

CSEC/China Shenhua

XINYI GLASS

CHINA OILFIELD

PETROCHINA

CHINA SHENHUA

COSL

OOIL

According to the "All-Day Express," the Hang Seng Index fell by 570 points; the Hang Seng TECH Index dropped by 148 points. Xiaomi Group fell by over 5%, Meituan by over 4%, and Alibaba by over 4%. Xinyi Glass, CNOOC, PetroChina, OOIL, and China Shenhua hit new highs with active trading

On March 2nd, all three major indices of the Hong Kong stock market retreated, with the Hang Seng Index falling 2.01% during the session and the Hang Seng Tech Index dropping 2.63%, approaching the 5000-point mark. Market risk aversion intensified, putting pressure on the technology and retail sectors, with Alibaba down 3.99% and JD.com down 2.97%. Driven by geopolitical tensions leading to rising oil prices, the oil and gas sector surged against the trend, with China National Offshore Oil Corporation rising 4.5% and CHK OIL soaring over 137%. Funds became cautious, focusing on the upcoming macroeconomic data

- On March 2, Hong Kong stocks faced significant pressure, with the Hang Seng Index falling 2.01% to 26,096.5 points amid rising risk aversion.  
- The Hang Seng Technology Index dropped 2.63%, and the Market overall entered a consolidation phase after prior gains, while sectors like retail and internet content also experienced declines.  
- Conversely, the oil and gas exploration sector surged due to geopolitical tensions increasing oil prices, with China National Offshore Oil Corporation rising 4.50%.

ZHIHUI MINING

ZHONGYU ENERGY

Bosera CSI Oil & Gas Resources Index ETF

Yinhua CSI Oil & Gas Resources ETF

Guotai CSI Oil & Gas Industry ETF

Hong Kong stock market intraday | The Hang Seng Index fell 2.01%, technology and retail stocks were under pressure, while the oil and gas sector surged against the trend, with CHK OIL soaring over 137%

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On March 2nd, Hong Kong stocks collectively adjusted in the afternoon, with the Hang Seng Index falling 1.59% to 26,205.98 points, and the Hang Seng Tech Index dropping 2.12%. Market sentiment weakened, with the retail, internet, and hardware sectors generally under pressure. Despite news of a new car, Xiaomi still fell 4.58%. Risk aversion sentiment increased, flowing into the energy sector, with China National Offshore Oil Corporation rising 3.79% and Shandong Molong soaring 66.28%. The macro market is waiting for retail and export data to verify the strength of domestic demand recovery

- On March 2, Hong Kong's major indices experienced a decline, with the Hang Seng Index falling 1.59% to 26,205.98 points.  
- Retail and technology sectors faced significant losses, driven by low market sentiment and withdrawal of funds.  
- Despite the downturn, certain stocks, such as Shandong Molong and Zhonggang Petroleum, saw substantial gains, indicating a shift towards safer investment options in the energy sector.

LONGCHEER

LENOVO GROUP

JIAXIN INTL RES

YOFC

Shandong Molong

ChinaAMC CSI Petrochemical Industry ETF

Hong Kong Stock Midday Review | The Hang Seng Index fell 1.59% and entered a correction, while energy stocks surged against the trend, with Shandong Molong rising 66.28%

Alibaba's Qianwen AI glasses officially launched today, opening online and offline multi-channel reservations, with stock available for sale on Sunday at a price of 1,997 yuan. The product features top-tier hardware configurations and will connect to the Qianwen App, with takeout and hotel booking functions expected to be available by the end of March. In addition, Alibaba plans to launch AI rings, AI headphones, and other products, which will be showcased at the 2026 Mobile World Congress

- Alibaba's Qianwen has officially entered the AI hardware market with the launch of its AI glasses, available for pre-order starting today.  
- The glasses will be sold in China starting March 8 and are expected to enter the global market within the year, priced at 1,997 RMB after subsidies.  
- The product will integrate with the Qianwen app, offering features like food delivery and hotel bookings by the end of March, and will be showcased at the 2026 Mobile World Congress in Barcelona, along with other AI devices under the Qwen brand.

Stheadline

Alibaba's "Qianwen AI Glasses" go online today, with spot sales on Sunday at a price of 1,997 yuan after national subsidies

Alibaba launched its first AI hardware "Qianwen AI Glasses," and has opened online and offline multi-channel reservations, priced at 1,997 RMB. The product will be released in the Chinese market on March 8 and is planned to enter the global market within this year. Qianwen AI Glasses will connect to the Qianwen APP, with features such as food delivery and hotel booking expected to be launched by the end of March

Alibaba's "Qianwen AI Glasses" launched with a starting price of 1,997 RMB

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On March 2nd, the Hong Kong stock market was affected by profit-taking, with the three major indices experiencing significant declines during the session. The Hang Seng Tech Index fell by 2.86%, leading the decline. The internet, hardware, and retail sectors generally weakened, with Xiaomi Group down 4.93% and Baidu down 4.04%. Despite the market adjustment, individual stocks like D&G TECH surged against the trend due to speculative factors. Market sentiment is cautious, and investors are closely monitoring the Hong Kong manufacturing PMI and liquidity changes

- On March 2, the Hong Kong stock market experienced significant declines across major indices, with the Hang Seng Index falling 2.57% to 25,945.88 points due to profit-taking pressures.  
- Key sectors such as retail and internet content suffered, with notable declines in Alibaba and Tencent shares, while macroeconomic factors like PMI and CPI data are closely monitored by investors for insights on local economic recovery.  
- Speculative trading was highlighted by sharp increases in stocks like Deji Technology and Sinopec, suggesting volatility amid broader liquidity concerns and geopolitical factors.

D&G TECH

DALIPAL HLDG

Xiaomi Corporation

Baidu

Hong Kong stocks intraday | Three major indices fell, technology stocks led the decline, Xiaomi Group dropped 4.93%, Baidu fell 4.04%

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Meituan, Taobao Flash Sale, and JD.com responded to the newly released takeout regulations. Meituan stated that it will fully implement food safety requirements and increase support for catering merchants. Taobao Flash Sale, in collaboration with ecological partners, will build a food safety co-governance system, emphasizing platform review and public supervision. JD.com Takeout insists on quality takeout, establishing multiple review mechanisms and launching new brands to enhance food safety standards. The new regulations will be implemented starting June 1, requiring takeout merchants to indicate no dine-in and verify their business qualifications with regulatory authorities

JD.com

JD HEALTH

JD LOGISTICS

Meituan, Taobao Flash Sale, and JD.com respond to new delivery regulations

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On the macro level, China's Two Sessions discuss the government work report and the 14th Five-Year Plan, while the U.S. February non-farm payrolls and the Federal Reserve's Beige Book will reveal the true state of employment. Geopolitically, the U.S. and Israel launch an attack on Iran, with Iran claiming it will initiate the most intense offensive, and new rounds of negotiations are taking place among Russia, Ukraine, and the U.S. On the industrial front, the Electronic Spring Festival kicks off at the 2026 Mobile World Congress, Alibaba Qianwen releases AI glasses, and Apple will hold a new product launch event next week. In terms of earnings reports, MiniMax, JD.com, Bilibili, Broadcom, Credo, and others will announce their performance results intensively

- The week of March 2nd to March 8th features major macroeconomic events like China's National People's Congress sessions and the U.S. non-farm payroll report, which may impact interest rate forecasts.  
- Additionally, geopolitical tensions rise with Iran's military actions against Israel and potential peace talks between Ukraine and Russia.  
- In tech, the Mobile World Congress will showcase innovative AI and communication technologies, with key product launches from companies like Alibaba and Apple.

BILIBILI-W

MINIMAX-WP

Bilibili

KraneShares 2x Long JD Daily ETF

Next week's heavy schedule: China's Two Sessions, US Non-Farm Payroll, developments in Iran, MiniMax JD Bilibili financial report

Featured

XPeng says full autonomy in 1-3 years. Sounds optimistic. Might buy some calls🤔

Revolution～

Apple's iPhone 17e strategy is smart: protect mid-market share while premium models push ASPs higher

Think different, invest different. 🧠📈

Steve_Z

Iran war fears: Strait closed, oil spikes. Nvidia invests $4B, +3%. Apple debuts iPhone 17e. MongoDB crashes 24%. Your move? Comment &amp; earn Task Coins!

ASML

Apple

Amazon

BABA-WR

NVIDIA

GraniteShares 2x Long NVDA Daily ETF

SPDR Gold Shares

GLD SG

XPeng

XPENG-W

MongoDB

Tesla

Broadcom

Apple Group

🔥 Market Flash: War, Tech & Turmoil | Mar 3, 2026

I’m bullish on defense and semiconductor stocks.

Markets on edge: Oil spikes, futures dive, gold shines. Jobs data &amp; AI glasses in focus. Share your take &amp; earn Task Coins!

Nokia

iShares Silver Tr

Pro Ultr Silver

Invesco QQQ Trust

SPDR S&P 500

Credo Tech

Cisco

🔥 Market Flash: Iran Conflict Shakes Markets, MWC Kicks Off | Mar 2, 2026

Alibaba HK SDR 5to1

JD-SWR

JD HK SDR 10to1

Spot gold broke through $5,300 per ounce, with a gain of over 2%.Precious metals remain the cornerstone in various conflicts. Gold is still bullish.

I have already mentioned in my earlier posts that markets were about to pullback. The technicals were already showing how ‘edgy’ the markets were. But as usual, narratives are being painted. Stay safe!

Get ready, Trump TACO is coming. He will TACO everything so just ignore anything related to him!!!

It's gona be a very volatile week again. Why can trump give us some peace. He ain't deserving of any peace prize.

Nothing to look here, just walk along. Everyone please turn a blind eye from the middle east. Bull is incoming!

Markets will be brushing off the Iran issue as honestly, Iran is very insignicant in the world?

gonna be a volatile week for stocks..congrats to those have gold

Alibaba AI glasses today? Might grab some BABA calls for the hype🤔

UB#ALIBARP2810F(67837.HK)

Elon Musk praises Qianwen's new model intelligent density

The first AI Spring Festival battle, who won?

Elon Musk praises Alibaba Qwen model

Aviso Financial Inc. Takes Position in Alibaba Group Holding Limited $BABA

Hong Kong Stock Market Closing | Hang Seng Index falls below 5000 points, CHK OIL surges 154.24%, oil and gas stocks explode against the trend