Alibaba Draws Mainland Buyers as AI Frenzy, Cloud Drive Outlook
Mainland Chinese investors are increasing their stakes in Alibaba Group Holding Ltd. ahead of fiscal second-quarter earnings, betting that the strong launch of its AI tool Qwen will help fuel...
By John Liu, April Ma · Bloomberg Markets
Mainland Chinese investors are increasing their stakes in Alibaba Group Holding Ltd. ahead of fiscal second-quarter earnings, betting that the strong launch of its AI tool Qwen will help fuel future growth.