[trend of individual stocks]

July 17th to July 21st

Last week, the S&P 500 rose 0.69%, the Nasdaq Composite Index fell 0.57% and the Dow Jones Industrial Average rose 2.08%.

Alibaba’s US stocks fell 2.53% last week.Last week, the total turnover was 7.697 billion US dollars. As of last week’s close, the US stock price was 92.17 US dollars; The US share capital has increased by 10.58% every month, 4.63% this year and 8.39% in the past 52 weeks.

Last week, the Hang Seng Index fell by 1.74% and the Hang Seng Technology Index fell by 2.94%.

Alibaba -SW Hong Kong stocks fell 1.78% last week.Last week, the total turnover was HK$ 13.543 billion. As of last week’s close, the stock price of Hong Kong stocks was HK$ 91.30 and the market value was HK$ 1.93 trillion. Hong Kong stocks rose 12.44% this month, 5.86% this year and 10.58% in the past 52 weeks.

[Company comparison]

[Related News]

Alibaba: It has been decided not to sell any shares in the repurchase of Ant Group.

Alibaba Hong Kong Stock Exchange announced that Alibaba Group Holdings Limited received a notice from its non-consolidated related party, Ant Technology Group Co., Ltd., which holds 33% of the shares. Ant Group held a shareholders’ meeting on July 23, 2023, and its shareholders approved (among other things) the proposal that Ant Group buy back no more than 7.6% of the shares from all its shareholders. In view of the fact that Ant Group continues to be an important strategic partner of several businesses of Alibaba Group, Alibaba Group has decided not to sell any shares to Ant Group in this proposed repurchase to maintain its shareholding in Ant Group.

Alibaba Cloud disk response failure

Just now, Weibo, the official of Alibaba Cloud Disk, responded: At about 15: 00 this afternoon, due to the system jitter, the service of Alibaba Cloud Disk was temporarily unstable, and it was repaired at 15:20, so please feel free to use it. According to many netizens’ feedback, there was an inaccessible situation in the afternoon of July 22, and netizens said that App, webpage, PC client and TV client could not load the content.

Jiang Fan and Wan Lin became partners of Alibaba Group.

According to 36Kr, Jiang Fan and Wan Lin became partners of Alibaba Group, which is the second time that Jiang Fan became a partner of Alibaba Group.

Zhang Yong: Alibaba will always adhere to long-term, create value and adhere to the three strategies of consumption, cloud computing and globalization.

Zhang Yong, CEO of Alibaba, sent a letter to shareholders: Alibaba will always adhere to long-term, value creation and three strategies of consumption, cloud computing and globalization. In the past 20 years, we have seized two historic opportunities: China e-commerce oriented to consumer Internet and China cloud computing market oriented to industrial Internet. Facing the future, we will continue to be based on the two-wheel drive of consumer Internet and industrial Internet. On the one hand, we will serve thousands of households, and on the other hand, we will support thousands of industries. At the historical new starting point from the digital age to the intelligent age, we should seize the subversive opportunity of technology to business change, seize the historical opportunity of artificial intelligence technology changing with each passing day, and open up more room for development in the future. We believe that the development of artificial intelligence will definitely bring not only efficiency improvement, but also the creation of brand-new value in the end.

Alibaba Cloud GraphScope, the fastest graph computing engine in the world.

Today, there is a key breakthrough in updating the list of "LDBC SNB Interactive", an international authoritative graph benchmark: GraphScope, an open source graph computing engine in Alibaba Cloud, topped the list and broke the historical record. The query throughput of its single-node executive graph database exceeded 30000 QPS, and its performance was twice that of the previous record holder. (Alibaba Cloud)

Shang Tang: The wholly-owned subsidiary of Alibaba Group has completed the sale of all Class B shares of the company it holds.

The Shang Tang Stock Exchange announced that the Company was informed by Taobao Holding Limited that it had sold all its Class B shares in the Company in an orderly manner, and as of the date of this announcement, these sales arrangements had been completed. Taobao’s existing business dealings with the Group will not be affected. According to public information, Taobao is a wholly-owned subsidiary of Alibaba Group Holdings Limited. The above share sale arrangement has no impact on the business and operation of the Group and the business cooperation arrangement between the Group and its partners.

WeChat Alipay Emergency Statement

According to the official WeChat WeChat official account of WeChat Security Center and Alipay, on the 19th and 20th, it was reported that there were fraudsters who pretended to be "WeChat Customer Service Center" and "Alipay Customer Service" and used the "FaceTime" function of Apple’s mobile phone to initiate video calls to users, which led to fraud.

Ant Group: Alipay has completed the service support for overseas users to use mobile payment in China.

The official micro of Ant Group announced on July 21st that Alipay, as the official payment partner of Hangzhou Asian Games, has completed the service support for overseas users to use mobile payment in China. Athletes and tourists from all over the world can use Alipay to enjoy various services such as shopping, taking taxis, taking subways and visiting scenic spots all over the country.

AI big model evaluation, Alibaba Cloud got 6 full marks.

Recently, IDC, an international data company, recently released "AI Big Model Technical Capability Assessment Report, 2023", which evaluates the overall strength of China Big Model from multiple dimensions such as algorithm, ecology and service capability. Alibaba Cloud is the only manufacturer with full marks in "service ability", with six out of 11 indicators, such as general ability, service ability, innovation ability and ecological cooperation. (Alibaba Cloud)

Hurun released the list of enterprises with meta-cosmic potential, and Alibaba and Huawei became Top2.

Hurun Research Institute released the 2023 Hurun China Meta-Universe Potential Enterprise List, which listed the top 200 China enterprises with the most development potential in the field of meta-universe, as well as 30 "future star enterprises". Among them, Alibaba and Huawei were rated as "Top2 with Most Potential", while Netease, Tencent and Baidu entered "Top5 with Most Potential". There are 57 newly listed enterprises, represented by HTC, Mihayou and UIH Medical.

Taobao launched the "Star Generation" creation camp to support new businesses to accelerate the sprint of millions of sales.

According to the Beijing News, on July 19th, Taobao officially launched the project of "Creating Camp with Stars for Hundreds of Stores", which is based on the incentive competition system for small and medium-sized businesses organized by Taobao’s Million-New Commercial Stars Project, helping more entrepreneurs to become "new stars" from grassroots.

Yuhang District People’s Government of Hangzhou signed an all-round strategic partnership agreement with Alibaba’s "6+N" business group.

According to Yuhang, on the morning of July 19th, Yuhang District People’s Government signed an all-round strategic partnership agreement with Alibaba’s "6+N" business group. Liu Ying, member of the Standing Committee of the Municipal Party Committee and Secretary of the District Party Committee, and Shao Xiaofeng, Secretary of the Party Committee of Alibaba Group attended the signing ceremony. At the ceremony, Yuhang District signed an all-round strategic partnership agreement with Taotian Group, Cainiao Group, Yunzhi Group, Local Life Group, Flying Pig Travel, Dharma Institute, Ali Health, Orange Lion Sports and Box Horse.

Innovative enterprise safety governance paradigm Ant Group initiated the establishment of "Safety Parallel Faces Alliance"

According to science and technology innovation board Daily, on July 17th, at the first "Safe Parallel Faces Conference", under the guidance of the Information Security Professional Committee of China Information Association, the "Safe Parallel Faces Alliance" (AOTA) jointly sponsored by Ant Group was established and the awarding ceremony was held. The "security parallel plane" system was initiated by Ant Group in 2019. It is a brand-new security protection system, which integrates security capabilities into enterprise technical infrastructure and decouples it from business, realizing accurate blocking of attacks and risks and refined data governance.

Taobao launched a new version codenamed "Night Taobao"

On July 17th, Taobao launched a new version, code-named "Night Taobao", which is an innovation of Taobao’s summer edition. It is also another taste of Taobao’s content after the comprehensive information flow of its homepage in 2020, and it is considered as the biggest revision of Taobao in three years. Taobao said that this version is likely to be a long-term project in the future, providing consumers with new interactive experiences and localization services. (Sina)

Alibaba invests in AR technology company to pay tribute to the unknown.

Tianyancha App shows that recently, Beijing Gongyin Unknown Technology Co., Ltd. has undergone industrial and commercial changes, and shareholders have added a number of enterprises such as Hangzhou Haoxing Enterprise Management Partnership (Limited Partnership) under Ali; At the same time, the registered capital increased from about 7.783 million RMB to about 9.903 million RMB, an increase of about 27.23%. The company was established in August 2022, and its legal representative is Wu Dezhou. Its business scope includes technical services, virtual reality equipment manufacturing, intelligent robot research and development, digital culture creative content application services, and artificial intelligence industry application system integration services. It is reported that Tribute to Unknown is an AR technology company, and its founder, Wu De Zhou, was the president of ByteDance Xinshi Laboratory, COO of Hammer Technology and general manager of Huawei’s glory product line.

(): The cooperation with Huawei and Alibaba mainly focuses on IaaS services, and the company has no self-developed general model for the time being.

Dingjie Software said on the interactive platform that the company’s cooperation with Huawei and Alibaba mainly focused on IaaS services. The company has no self-developed general model for the time being.

[US stock rating]

On July 17, Baird rated Alibaba as outperforming the market with a target price of $115.00.

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