The Zhitong Finance App learned that Alibaba-W (09988) rose nearly 4% in early trading. As of press release, it rose 3.10% to HK$109.7, with a turnover of HK$1,385 billion.

According to the news, on October 15, while discussing Apple Intelligence (Apple Intelligence) in Shanghai, Apple's executive chairman Tim Cook said that Apple Smart and the related Alibaba Qianwen Big Model have indeed been approved and will release a test version in late October, which includes the first batch of Apple's smart features such as real-time translation, writing tools, and photo erasing tools, but Siri AI is not included this time.

It is worth noting that Tmall's “Double 11” will officially go on sale at 8 p.m. on October 20 this year, and the number of event products is the highest in history. The AI service also joined “Double 11” for the first time. Model manufacturers such as Smart Spectrum, MiniMax, and Qianwen collectively launched discounts, and consumers can “stock up on tokens” during the “Double 11" period.

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