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10.04.26 - 07:00
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H Shrs: HSI Rises 155 Pts at Midday; BABA-W Swells 2.8%; YOFC Dives 10% (AAStocks)
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The HSI concluded the midday at 25,907, up 155 points or 0.6%. The HSCEI rose 52 points or 0.6% to 8,664. The HSTECH climbed 51 points or 1.1% to 4,873. The total half-day turnover for the market amounted to HKD124.748 billion.TENCENT (00700.HK) edged down 0.7%. The QClaw V2 version went online along with an "AI Lobster Ass......
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10.04.26 - 04:00
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Alibaba′s Qwen family captures over 50% of global open-source downloads, report finds (SCMP)
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Alibaba Cloud captured more than 50 per cent of global open-source model downloads as of March following the release of its Qwen 3.5 model series, a new report has found.
The finding underscores the dominance of Chinese models in the global open-source artificial intelligence landscape, though some US companies including OpenAI and Nvidia are also making early gains.
Qwen reached nearly 1 billion cumulative downloads by March, far surpassing rivals like Meta Platforms' Llama and DeepSeek,......
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09.04.26 - 12:30
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Fitch Lowers MEITUAN-W Outlook to Negative, Affirms BBB+ Rating (AAStocks)
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Fitch Ratings revised the outlook on MEITUAN-W (03690.HK)’s Long-Term Issuer Default Rating (IDR) to Negative from Stable, while affirming its BBB+ issuer rating. Fitch also affirmed Meituan’s senior unsecured rating and the BBB+ rating on its outstanding US dollar senior notes.The outlook revision reflected that, fo......
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09.04.26 - 07:48
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Alibaba and Meta retreat from open-source AI (Digitimes)
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Alibaba and Meta are both recalibrating their artificial intelligence strategies, with recent product decisions pointing to a broader industry shift toward closed or hybrid models — even among companies long associated with open-source development....
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