The Zhitong Finance App learned that Alibaba-W (09988) once rose more than 4%. As of press release, it had risen 3.33% to HK$108.6, with a turnover of HK$2,242 billion.

On the news, Ali Qianwen released the native full-modal model Qwen3.8-Omni-Flash on September 18. It supports four types of input for text, images, audio, and video, a context length of 1M tokens, and natively supports continuous audio and video input for up to 1 hour. According to the official blog, the price of its hourly audio input API dropped by more than 98%, and the price of audio and video input dropped by more than 93%. According to a previous research report by Guosheng Securities, it is optimistic about the growth of Alibaba Cloud's business, the continuous optimization of its profit structure, and Ali's full-stack AI layout.

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