BABA-W (09988.HK) -7.000 (-4.067%) Short selling $1.81B; Ratio 11.084% (BABA.US) 's Quark is internally advancing an AI business initiative codenamed "C Plan", Chinese media revealed, quoting people familiar with the matter. This plan is headed by Quark's core team, with several senior members from the General Laboratory involved. The "C Plan" is related to the deployment of conversational AI applications, and a new result is expected to be yielded soon.Related NewsM Stanley's HK Focus List (Table)The "C Plan" has been secretly advancing within Quark for a long time and is about to surface as a phased achievement, sources divulged. The plan requires long-term investment and relies on breakthroughs in model technology for its products. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-31 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)