GJALIBA@EP2606B

Alibaba Cloud to showcase AI capabilities at NVIDIA GTC 2026

Frost & Sullivan Report: Alibaba Cloud's Qwen Leads China's AI Model Market

HK Market Afternoon Session Opens; Focus on Bullish Frost & Sullivan Report

UBS identifies 2026 as the pivotal year for AI Agents, favoring Alibaba.

Alibaba HK Shares Dip Intraday; Qwen Model Takes Top Market Share

Cailian Press: Domestic AI models surge in OpenRouter usage, Alibaba's Qwen performs strongly

Huayuan Securities highlights accelerated AI application iteration in media sector

Alibaba-backed Moonshot AI valuation surpasses $10 billion

Southbound capital continues to flow into Alibaba, Stock Connect data released

Market continues to monitor signals for potential Ant Group IPO reboot in Hong Kong in 2026.

Alibaba ADRs drop implies pressure for Tuesday's Hong Kong open.

Policy Expectations Rise Ahead of Two Sessions, Platform Economy in Focus

Alibaba prepares for '6.18' festival with focus on AI shopping assistants and Qwen model integration.

Market awaits updates on the potential spin-off and IPO of Alibaba's T-Head chip unit.

Alibaba Faces Margin Compression Risks from Heavy AI Investments

Alibaba's Qwen AI scales to 58M users as institutions increase stakes

Market Monitors Trading Risks Following Alibaba's Inclusion in Pentagon Blacklist

Market Eyes Regulatory Follow-up on Amap's Pricing Practices

Taobao and Tmall Expected to Launch '3.8 Queen's Day' Shopping Festival Campaigns

2026 Winter Paralympics opening: Alibaba Cloud AI tech to support broadcasting and operations

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On February 24, 2026, Beijing time, the Hong Kong stock market collectively weakened in the afternoon, with all three major indices adjusting high and falling more than 2%. The Hang Seng Tech Index led the decline, dragged down by a pullback in AI themes. Technology stocks generally fell, with major stocks such as Tencent Holdings, Alibaba, and Meituan showing weak performance. Funds shifted towards defensive stocks and individual stock speculation, with Aito rising sharply against the trend due to positive acquisition news. On the macro level, the market is closely monitoring liquidity and the recovery of local consumption data, with investment sentiment leaning towards caution

- The Hong Kong stock market experienced a significant downturn, with major indices falling over 2% led by the Hang Seng Index which dropped 2.01%.  
- Key sectors such as internet and retail reflected negative sentiment, influenced by a retreat in AI stocks, highlighting a broader market adjustment.  
- Notable individual stock movements included significant increases for certain companies while others like Tencent and Alibaba faced declines amid increased market caution.

Market Heartbeat

TENCENT

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Hong Kong stocks intraday | Hang Seng Index fell 2.3%, Meituan dropped 4.59%, Aide New Energy surged 30.28%

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On February 24th, the Hong Kong stock market's midday review showed a collective pullback in the morning session, with the three major indices experiencing a unilateral adjustment. The Hang Seng Index fell by 1.93%, and the Hang Seng TECH Index dropped by 2.36%, leading the market decline. Risk aversion sentiment increased, causing technology heavyweight stocks to weaken across the board, with Meituan -W down 4.76%, leading the blue-chip decline, and Tencent Holdings down 3.44%. The internet, retail, and catering sectors were generally under pressure, but YUM CHINA rose 1.98 against the trend. In terms of individual stocks, KNOWLEDGE ATLAS surged by 20.89%, and KB LAMINATES rose by 11.09, driven by positive earnings expectations. Market focus has shifted to macroeconomic data and liquidity in the capital market

- On February 24, Hong Kong's stock market showed a notable downturn with the Hang Seng Index closing at 26,560.57, down 1.93%. 
- Sector performance was broadly negative, particularly in technology and retail, with major companies like Tencent and Alibaba seeing significant declines amid rising risk aversion and concerns over macroeconomic conditions. 
- Investors are closely monitoring economic indicators such as retail sales and unemployment to gauge the recovery potential of the Hong Kong economy.

KB LAMINATES

KNOWLEDGE ATLAS

GIGADEVICE

Shandong Molong

KINGBOARD HLDG

CSOP HS TECH

Meituan

FI2 CSOP HSI

FL2 CSOP HSI

FI CSOP HSI

Hang Seng TECH Index

Hang Seng Index

Hong Kong Stock Midday Review | Hang Seng Index fell 1.93%, KNOWLEDGE ATLAS surged 20.89%, Meituan dropped 4.76%

UBER

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The stock market is currently turbulent, but long-term investors can find opportunities in quality growth stocks. Three recommended stocks are MercadoLibre, the leading e-commerce platform in Latin America, expected to see significant revenue growth; Alibaba, the Chinese e-commerce giant with a growing cloud computing and AI business; and Uber Technologies, which, despite recent stock declines, remains a strong long-term investment due to its market position and potential in the robotaxi sector.

- The article discusses three promising growth stocks: MercadoLibre, Alibaba, and Uber Technologies.  
- MercadoLibre is highlighted as the "Amazon of Latin America," benefiting from significant e-commerce growth in the region, with expectations of a $29 billion revenue by 2025.  
- Alibaba is seen as the "Amazon of China," expanding in e-commerce and cloud services, while Uber is positioned for long-term growth in personal transportation and potential profitability from autonomous vehicles despite recent stock declines.

Motley Fool

Uber Tech

BABA 2x Long Daily ETF - GraniteShares

Global X E-commerce ETF

KraneShares 2x Long MELI Daily ETF

Alibaba

Amplify Online Retail ETF

KraneShares 2x Long BABA Daily ETF

GraniteShares 2x Long UBER Daily ETF

Roundhill UBER WeeklyPay ETF

3 Brilliant Growth Stocks to Buy Now and Hold for the Long Term

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On February 24th, during the Hong Kong stock market, the three major indices collectively weakened, with the Hang Seng Tech Index leading the decline, down 2.26%. The internet and retail sectors were under pressure, and market risk aversion increased, with Tencent Holdings falling 3.16% and Alibaba dropping 2.50%. The communication equipment sector showed mixed performance, with YOFC rising against the trend by 3.84%. In terms of individual stocks, KNOWLEDGE ATLAS surged 13.57% due to the release of its flagship model, while Jiantao's laminated board rose 11.19% on positive earnings expectations. Investors are closely watching Hong Kong's retail and unemployment rate data

- On February 24, Hong Kong stocks experienced a decline as profit-taking pressures emerged after reaching recent highs, with the Hang Seng Index down 1.65% at 26,634.12 points.  
- Notable declines were observed in the tech sector, led by Tencent, Kuaishou, and Meitu, while the retail sector also suffered due to external market influences.  
- Investors are closely monitoring economic indicators such as retail sales and unemployment rates to gauge local consumer recovery, impacting market momentum and liquidity expectations.

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Hong Kong stock market intraday | The Hang Seng Index fell 1.65%, the Tech Index fell 2.26% leading the decline, KNOWLEDGE ATLAS surged 13.57%, YOFC strengthened against the trend

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The NASDAQ Golden Dragon China Index initially closed down 0.9%. Among popular Chinese concept stocks, NetEase fell 1.7%, Baidu, Pony.ai, and New Oriental dropped about 1%, while Alibaba declined 0.8%. Tencent, Pinduoduo, Xiaomi, and Li Auto rose up to 0.9%, and BYD, Meituan, YUM CHINA, WeRide, and Nio increased by up to 4.5%

Wallstreetcn

NASDAQ Golden Dragon China Index

FTSE ST China Index

CSI 300

Tencent

XIAOMI-W

Direxion FTSE China Bull 3X

E Fund CSI HK Connect Internet ETF

KraneShares 2x Long PDD Daily ETF

iShares MSCI China

GraniteShares 2x Long PDD Daily ETF

CSOP CSI300

China Southern CSI 300 ETF

Yinhua MSCI China A ETF

Roundhill China Dragons ETF

Invesco Golden Dragon China

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There is always plenty of drama around Chinese New Year. After Trump ramped up tariffs throughout 2025, the policy was effectively gutted, leaving no legal footing.In 2026, following a rush of domestic AI model launches, China ADRs never had a 'DS moment'. Model-linked names were the only ones that outperformed.Also, during Chinese New Year 2026, despite decent consumer data, HK stocks fell first and then rose, an ineffective swing. There was no standalone 'Chinese New Year bull run' during HK’s solo trading days.With Trump-era tariffs in his second term ruled unlawful, what could this mean for markets ahead? The days of blanket re-rating may be over...

With Trump tariffs axed and China models soaring, can China ADRs rally?

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O Neil Global Advisors Inc. has acquired a new position in Alibaba Group Holding Limited (NYSE:BABA), purchasing 17,498 shares valued at approximately $3.1 million, making it the firm's 21st largest position. Other institutional investors have also increased their stakes in Alibaba. The stock opened at $154.60, with a market cap of $369.1 billion and a consensus rating of "Moderate Buy" from analysts, who have set an average price target of $195.17.

- O Neil Global Advisors Inc. acquired 17,498 shares of Alibaba Group Holding Limited, valued at approximately $3,127,000, in Q3, making it the firm’s 21st largest position.  
- Other institutional investors have also adjusted their stakes, with significant increases from Mather Group LLC and NBT Bank N A NY during the same period.  
- Alibaba holds a consensus rating of "Moderate Buy" from analysts, with an average price target of $195.17 amid fluctuating price targets from various investment firms.

Market Beat

Hwabao CSI HK Equities Internet ETF

Global X Cloud Computing ETF

Krne Csi China Internet

ProShares Online Retail

O Neil Global Advisors Inc. Takes Position in Alibaba Group Holding Limited $BABA

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0223 | Dolphin Research Focus: Macro/Sector. 1) Major shift in U.S. tariff policy in Feb 2026, as the Supreme Court struck down global tariffs imposed under the International Emergency Economic Powers Act (IEEPA) as unconstitutional.The White House then announced a 10% temporary tariff on all global imports effective Feb 24 (later raised to 15%). The measure lasts 150 days and requires Congress approval for extension, with exemptions for critical minerals, pharmaceuticals, and other items.Approx. $175 bn of previously collected tariffs may be refunded. Near term, trade could face disruption, while longer-term cost pressures may ease...

HK stocks on fire; Pop Mart launches 'After-school Merodi' | Daily News Recap

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Hong Kong stocks surged on February 23, led by tech shares, following a U.S. Supreme Court ruling that reduced tariffs on China. The Hang Seng Index rose 2.3% to 27,019.21, while the Hang Seng China Enterprises Index increased by 2.5%. Analysts predict a significant tariff reduction for China, from 32% to 24%. U.S. President Trump is scheduled to visit China from March 31 to April 2, which is boosting market sentiment. The Hang Seng Tech Index climbed 4%, with notable gains from Alibaba and Tencent. Overall, the market is optimistic about China's economic recovery and upcoming events.

- Hong Kong stocks surged on February 23, with the Hang Seng Index rising 2.3% to 27,019.21, bolstered by positive sentiment following a U.S. Supreme Court ruling on tariffs.  
- The ruling reduced tariffs on China from 32% to 24%, prompting optimism in the market as U.S. President Trump plans a visit to China in late March.  
- Major tech stocks, including Alibaba and Tencent, saw significant gains, while early data indicated strong demand during the Chinese New Year holiday, leading to positive economic outlooks.

Reuters

Hang Seng China Enterprises Index

Tencent Holdings Limited

ISHARESHSI

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Huatai-PB CSOP Hang Seng Technology ETF(QDII)

HSTECH ETF

YieldMax BABA Option Income Strategy ETF

Hong Kong shares bounce after US Supreme Court tariff ruling; tech shares lead

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The Hang Seng Index opened 385 points higher this morning, reaching a maximum increase of 743 points to 27,156 points. It reported 27,017 points at noon, up 604 points or 2.29%. Technology stocks performed strongly, with Alibaba, Tencent, and MEITUAN all seeing significant gains. Gold-related stocks also rose broadly due to the increase in gold prices. However, some AI-related stocks, such as IM Motors, experienced a sharp decline. Analysts believe that Hong Kong stocks are influenced by tariff policies and are expected to test 27,300 points in the short term, but the future market trend still needs to pay attention to the situation of the mainland's reopening

- The Hang Seng Index opened 385 points higher, reaching a peak of 27,156 before falling to 27,017, up 2.29% by noon.  
- Notable blue-chip stocks like Alibaba and Tencent drove the rise, with Alibaba gaining over 3% and Meituan nearly 7%.  
- Analysts expect a potential rebound in technology stocks due to eased valuation pressure and increasing AI application, though concerns about the impact of global tariff adjustments remain.

Stheadline

EFUND GOLD MI-R

SPDR GOLD TRT

EFUND GOLD MI-U

EFUND GOLD MI ETF

The Hang Seng Index rose more than 600 points in half a day, surpassing the 27,000 mark. ATM contributed to the rising market, while Zhipu fell more than 20%｜Hong Kong stock market opens

JP Morgan released a research report, predicting that the target for the MSCI China Index will be 100 points by the end of the year, and the target for the CSI 300 Index will be 5,200 points. The report points out that China has made progress in AI, robotics, biotechnology, and other fields, and the market's attitude towards the Chinese stock market will shift towards long-term investment. JP Morgan is optimistic about sectors benefiting from AI, including internet platforms, materials stocks, brokerage stocks, insurance stocks, consumer staples, and robotics, with a focus on recommending stocks such as Tencent, Alibaba, and Kweichow Moutai

AASTOCKS

Tianhong CSI Computer Theme ETF

Global X Robotics & Artificial

iShares Future AI & Tech ETF

iShares China Large Cap

JP Morgan is optimistic about the materials, brokerage, insurance, consumer staples, and robotics sectors, with a year-end target of 100 points for the MSCI China Index

The Hong Kong stock market opened higher in the morning, with the Hang Seng Index rising 385 points to 26,798 points, and the National Index and Hang Seng TECH Index increasing by 131 points and 92 points, respectively. E-commerce stocks such as Alibaba and JD opened higher, while technology stocks Tencent, Meituan, and NetEase also saw gains. AI model stock KNOWLEDGE ATLAS opened down 13.8% due to issues. Export stocks such as Creative Technology and SHENZHOU INTL opened higher, and pharmaceutical stocks WUXI BIO and WUXI APPTEC also rose. Commodity prices increased, leading to a general rise in related resource stocks

SHENZHOU INTL

WUXI BIO

WUXI APPTEC

FI2CAMNDQ100

China Southern Hang Seng ETF

"Hong Kong Stocks" The Hang Seng Index opened high at 385 points, with technology, export, and resource stocks rising, while AI model stocks retraced

The U.S. Supreme Court ruled that Trump's tariff policy is illegal, and Trump plans to raise the 10% global tariff to 15%. The Hong Kong stock market opened, with the Hang Seng Index up 385 points at 26,798 points, and Alibaba's stock price rising over 2%. KNOWLEDGE ATLAS apologized for the GLM Coding Plan, with its stock price falling over 13%. Risk aversion sentiment drove up gold and silver prices

- Following the U.S. Supreme Court's ruling against Trump's tariff policy, Trump announced a rise in the global tariff from 10% to 15%.  
- Analysts forecasted that this would have a short-term positive effect on the Hong Kong stock market, with the Hang Seng Index potentially testing 27,300 points; however, overall market momentum remains uncertain.  
- Gold and silver prices have increased due to heightened risk aversion amid ongoing geopolitical tensions and trade concerns, impacting stock performance across various sectors.

Trump's tariffs hit a snag, the Hang Seng Index opened up 385 points, Alibaba rose over 2%, KNOWLEDGE ATLAS and MINIMAX fell over 10% | Hong Kong stock market opens

DeepSeek allegedly using banned Nvidia chips, dragging down whole sector. $Alibaba(BABA.US) -2.9% to $147.8 on HKEX, volume 35M shares, active sell ratio 64:36 . Market dumping first, asking questions later. Classic overreaction or real risk? I'm watching for dip buyers.

DeepSeek

BABA-WR

Alibaba HK SDR 5to1

Strategy Report

Walmart

Alphabet - C

Alphabet

Rivian Automotive

ByteDance

Today’s Key News Recap

Allianzim US Large Cap Buffer10 Mar ETF

POP MART

POP MART HK SDR 20to1

$NIO-SW(09866.HK)

$BABA-W(09988.HK)Many people still misunderstand Alibaba as merely an e-commerce company. In reality, its rapid progress in AI and cloud services is transforming it into a technology-driven growth company. Analysts generally lean toward a moderate buy to strong buy outlook on BABA shares.The launch of its latest AI model, Qwen 3.5, further demonstrates clear improvements in power and efficiency, signaling Alibaba’s strong commitment to competing in the generative AI race.I have the patience and conviction to hold BABA and ride the green dragon forward. What about you?

GJALIBA@EP2606B(24143.HK)

Hong Kong stocks intraday | Hang Seng Index fell 2.3%, Meituan dropped 4.59%, Aide New Energy surged 30.28%

Hong Kong Stock Midday Review | Hang Seng Index fell 1.93%, KNOWLEDGE ATLAS surged 20.89%, Meituan dropped 4.76%

3 Brilliant Growth Stocks to Buy Now and Hold for the Long Term

Hong Kong stock market intraday | The Hang Seng Index fell 1.65%, the Tech Index fell 2.26% leading the decline, KNOWLEDGE ATLAS surged 13.57%, YOFC strengthened against the trend