Alibaba-W Shares Surge Over 7% in Afternoon Trading as Qwen3.6-Plus Tops Global Model Usage Chart

Stock News13:44

Alibaba-W (09988) rose more than 7% in afternoon trading. At the time of writing, the stock was up 7.26% to HK$127.1, with a turnover of HK$14.558 billion. The increase follows recent news that on April 7, the internationally recognized third-party model API platform OpenRouter released its latest weekly usage rankings. The Qwen3.6-Plus large language model claimed the top spot on OpenRouter's global weekly usage chart, after leading the daily rankings for four consecutive days. Qwen3.6-Plus is the first model on the OpenRouter platform to exceed one trillion tokens in single-day usage, demonstrating the global competitiveness of domestic large models. Additionally, six departments, including the Ministry of Commerce, issued the "Guiding Opinions on Better Serving the Real Economy and Promoting High-Quality Development of E-commerce." The document proposes developing "AI + e-commerce" and guiding e-commerce companies to strengthen the research and application of technologies such as large AI models. It also calls for implementing a quality e-commerce cultivation initiative, establishing standard systems, and encouraging e-commerce platforms to optimize mechanisms for traffic allocation and search rankings.

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