Alibaba-W Surges Over 5% in Intraday Trading; Qwen Model Downloads Exceed 700 Million

Deep News01-13

Alibaba-W (09988) saw its stock price climb more than 5% during the trading session. At the time of writing, the share price had increased by 3.43%, reaching HKD 159.60, with a turnover of HKD 12.938 billion.

According to the latest statistics from the global AI open-source community Hugging Face, as of January 2026, the cumulative downloads for Alibaba Cloud's Tongyi Qianwen series of models have surpassed 700 million, making it the most downloaded open-source AI series on the platform. The data reveals that in December 2025 alone, the download volume for this series exceeded the combined downloads of the models ranked second through eighth.

Furthermore, Morgan Stanley anticipates that Alibaba Cloud's revenue growth will maintain strong momentum, with a year-on-year growth rate expected to accelerate to over 35%. This not only surpasses the previous quarter's 34% but also holds the potential to further accelerate to 40% by the 2027 fiscal year. The firm believes this growth trend reinforces the investment thesis of Alibaba being "China's premier AI enabler." Barclays emphasized that Alibaba is the only full-stack AI leader among Chinese cloud providers, boasting highly competitive Large Language Models (LLMs) and AI infrastructure.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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At the time of writing, the share price had increased by 3.43%, reaching HKD 159.60, with a turnover of HKD 12.938 billion.\nAccording to the latest statistics from the global AI open-source community Hugging Face, as of January 2026, the cumulative downloads for Alibaba Cloud's Tongyi Qianwen series of models have surpassed 700 million, making it the most downloaded open-source AI series on the platform. The data reveals that in December 2025 alone, the download volume for this series exceeded the combined downloads of the models ranked second through eighth.\nFurthermore, Morgan Stanley anticipates that Alibaba Cloud's revenue growth will maintain strong momentum, with a year-on-year growth rate expected to accelerate to over 35%. This not only surpasses the previous quarter's 34% but also holds the potential to further accelerate to 40% by the 2027 fiscal year. The firm believes this growth trend reinforces the investment thesis of Alibaba being \"China's premier AI enabler.\" Barclays emphasized that Alibaba is the only full-stack AI leader among Chinese cloud providers, boasting highly competitive Large Language Models (LLMs) and AI infrastructure.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1164682248","isCrawlerRequest":true}