Alibaba surged nearly 8%, with a cumulative increase of over 33% since mid-January

Alibaba's Hong Kong stock opened slightly higher this morning, with the current increase approaching 8%. In terms of news, media reports indicate that Apple will collaborate with Alibaba to launch artificial intelligence features in China. According to informed sources, this move is part of Apple's strategy to address declining sales in China, aiming to provide more attractive software features. On February 11th during the day, Alibaba founder Jack Ma appeared at Alibaba's Hangzhou campus, wearing a black Alibaba cultural jacket, smiling throughout and waving to employees. During this year's Spring Festival, Alibaba Cloud released the flagship model Qwen2.5-Max of Tongyi Qianwen. The Tongyi Qianwen Qwen large model has become one of the largest open-source model families in the world. In both domestic and international open-source communities, the number of derivative models of Qwen has exceeded 90,000, surpassing the Llama series of open-source models under the American company Meta, ranking among the top globally