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BABA-W's Qianwen MAUs Excel 100M; Major Product Iteration Anticipated Tmr: Report
BABA-W (09988.HK)'s Qianwen, which has been online for two months, exceled 100 million monthly active users (MAUs) on the C-end, with brisk growth among students and white-coll...
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BABA-W's Qianwen MAUs Excel 100M; Major Product Iteration Anticipated Tmr: Report
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BABA-W (09988.HK)  -0.700 (-0.450%)    Short selling $1.08B; Ratio 24.318%   's Qianwen, which has been online for two months, exceled 100 million monthly active users (MAUs) on the C-end, with brisk growth among students and white-collar workers, as STAR Market Daily learned from multiple sources.

Several industry insiders revealed that some competing traffic platforms had previously imposed restrictions on the Qianwen APP. According to hearsay, Qianwen will release a blockbuster product iteration on Thursday (15th).

Related NewsCMSI: Domestic Model Iteration Accelerates, Aiding Valuation Recovery in HK Tech Sector; Top Picks BABA/ TENCENT/ Others
This morning (14th), BABA-W opened 2.4% higher and once peaked at HKD168.4, surging 5.3% during intraday trading, closing at HKD168.3 with a turnover of HKD21.106 billion. ALI HEALTH (00241.HK)  0.000 (0.000%)    Short selling $18.42M; Ratio 14.018%   spiked 15.9% to close at HKD7.58, with a turnover of HKD3.117 billion. DAMAI ENT (01060.HK)  -0.020 (-2.083%)    Short selling $11.54M; Ratio 22.740%   mounted 2.1% by midday.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-02-16 12:25.)

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