Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 trillion tech rout.

Chinese tech and e-commerce giant Alibaba on Wednesday announced the release of Qwen2.5-Max, an advanced artificial intelligence model that the company says outperforms several leading AI systems in key benchmarks.

Blue Pool has bought a 12 per cent stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday.

The Hong Kong-based family office set up by Joe Tsai, cofounder and chairman of the Alibaba Group, has acquired a 12 percent stake in the Italian company.

Hong Kong stocks rallied on Monday, with the Hang Seng Index gaining over 500 points at one point during the afternoon trading session. The index touched a high of 20,093.65 before closing at 19,925.81,

Initiative encouraged schools to leverage cloud and AI technologies and reinforced Alibaba’s commitment to sustainable innovation.

Today's Research Daily features new research reports on 16 major stocks, including ServiceNow, Inc. (NOW), Alibaba Group Holding Limited (BABA) and Union Pacific Corporation (UNP), as well as a micro-cap stock Natural Health Trends Corp.

Alibaba Group Holding released on Wednesday an upgraded version of its Qwen artificial intelligence (AI) model, which it said "comprehensively outperformed" in certain benchmark tests DeepSeek-V3, the large language model (LLM) launched in December by China's hottest start-up.

Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday. The investment comes after the maker of $600 a pair sneakers abruptly pulled plans for a stock market listing last year.

Marshall Group sells a majority stake in the guitar amp and headphones maker to Hong Kong venture capital firm HongShan Capital Group for $1.1 billion

UBS estimates US$236 billion of fund inflows in 2025 as a result of Beijing’s directive to funds to shore up the capital markets.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Cloud