🌟🌟🌟The Hong Kong stock market had a great July but in August it may take a breather and slow down. Big Tech is doing well.
My top pick is $BABA-W(09988)$ . Alibaba has transformed from a mere e-commerce digital mall into China's premier AI computing utility. Alibaba's stock price jumped 11% in a single day after the Chinese authorities approved Apple Intelligence for the mainland.
This is a big win for $Apple(AAPL)$ because Apple is relying on local cloud partnership to power its on-device ecosystem.
Combined with the rollout of its largest proprietary open source LLM to date, Alibaba is playing a dominant role for the entire Chinese AI ecosystem.
Alibaba was up 30% in July. The highlight was on August 3 2026, when it unveiled Qwen 3.8-Max. This is the largest and most advanced AI model todate, boasting a staggering 2.4 trillion parameters.
Exciting times are ahead for Alibaba.🌈🌈🌈💰💰💰
@Tiger_comments @Tiger_SG @TigerStars @TBlive
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