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Hong Kong Stocks Movement | Alibaba-W (09988) Falls Over 4% in Afternoon Trading as Qwen App Launches 3 Billion Yuan "Spring Festival Treat Plan"

Alibaba-W (09988) saw its decline exceed 4% during afternoon trading. As of the time of writing, the stock was down 4.2%, trading at HKD 162.1, with a turnover of HKD 8.676 billion. On February 2nd,...

Hong Kong Stocks Movement | Alibaba-W (09988) Falls Over 4% in Afternoon Trading as Qwen App Launches 3 Billion Yuan "Spring Festival Treat Plan"

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KK6969
·02-02 21:44
because you bought 😆
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As of the time of writing, the stock was down 4.2%, trading at HKD 162.1, with a turnover of HKD 8.676 billion. On February 2nd,...","content":"<p>Alibaba-W (09988) saw its decline exceed 4% during afternoon trading. As of the time of writing, the stock was down 4.2%, trading at HKD 162.1, with a turnover of HKD 8.676 billion.\nOn February 2nd, Alibaba's Qwen App announced the launch of a 3 billion yuan \"Spring Festival Treat Plan,\" scheduled to officially commence on February 6th.\nDuring the Spring Festival period, the Qwen App will collaborate with various Alibaba ecosystem businesses, including Taobao Deals, Fliggy, Damai, Hema, Tmall Supermarket, and Alipay, to treat people across the country to food, drinks, and entertainment through a no-payment-required model.\nReportedly, this 3 billion yuan Spring Festival initiative by Qwen represents the largest investment in Alibaba's history of Spring Festival activities and, based on currently disclosed figures, is also the highest investment amount among the major tech companies' AI battles during this year's holiday season.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Movement | Alibaba-W (09988) Falls Over 4% in Afternoon Trading as Qwen App Launches 3 Billion Yuan \"Spring Festival Treat Plan\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Movement | Alibaba-W (09988) Falls Over 4% in Afternoon Trading as Qwen App Launches 3 Billion Yuan \"Spring Festival Treat Plan\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-02 13:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Alibaba-W (09988) saw its decline exceed 4% during afternoon trading. As of the time of writing, the stock was down 4.2%, trading at HKD 162.1, with a turnover of HKD 8.676 billion.\nOn February 2nd, Alibaba's Qwen App announced the launch of a 3 billion yuan \"Spring Festival Treat Plan,\" scheduled to officially commence on February 6th.\nDuring the Spring Festival period, the Qwen App will collaborate with various Alibaba ecosystem businesses, including Taobao Deals, Fliggy, Damai, Hema, Tmall Supermarket, and Alipay, to treat people across the country to food, drinks, and entertainment through a no-payment-required model.\nReportedly, this 3 billion yuan Spring Festival initiative by Qwen represents the largest investment in Alibaba's history of Spring Festival activities and, based on currently disclosed figures, is also the highest investment amount among the major tech companies' AI battles during this year's holiday season.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"89988":"阿里巴巴-WR","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK1584":"蚂蚁金服概念","LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0084288322.USD":"Natixis Asia Equity RD USD","BK1591":"就地过年概念","LU0165289439.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AC\" ACC","LU0011963245.USD":"abrdn SICAV I ASIA PACIFIC SUSTAINAB  LE EQUITY \"A\" (USD) ACC","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","LU1880398471.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) ACC","LU0531970944.HKD":"HSBC GIF BRIC EQUITY \"AC\" (HKD) ACC","LU1323998911.USD":"BGF ASIAN MULTI-ASSET INCOME \"A\" (USD) ACC","LU0164872284.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","LU0310800965.SGD":"FTIF - 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As of the time of writing, the stock was down 4.2%, trading at HKD 162.1, with a turnover of HKD 8.676 billion.\nOn February 2nd, Alibaba's Qwen App announced the launch of a 3 billion yuan \"Spring Festival Treat Plan,\" scheduled to officially commence on February 6th.\nDuring the Spring Festival period, the Qwen App will collaborate with various Alibaba ecosystem businesses, including Taobao Deals, Fliggy, Damai, Hema, Tmall Supermarket, and Alipay, to treat people across the country to food, drinks, and entertainment through a no-payment-required model.\nReportedly, this 3 billion yuan Spring Festival initiative by Qwen represents the largest investment in Alibaba's history of Spring Festival activities and, based on currently disclosed figures, is also the highest investment amount among the major tech companies' AI battles during this year's holiday season.","news_type":1,"symbols_score_info":{"89988":1,"HBBD.SI":1,"09988":1,"BABA":1}},"isVote":1,"tweetType":1,"viewCount":16,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":15,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":528456904181216,"commentId":"528456904181216","gmtCreate":1770039849919,"gmtModify":1770039856320,"authorId":4212455884503732,"author":{"id":4212455884503732,"idStr":"4212455884503732","authorId":4212455884503732,"name":"KK6969","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":528358314264168,"objectIdStr":"528358314264168","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"because you bought 😆","text":"because you bought 😆","html":"because you bought 😆","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"hasMoreComment":true,"orderType":2}