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BABA-W Last Swells 6.5%+ as Alibaba Cloud Launches Qwen3-Max, Largest Model Until Now
BABA-W (09988.HK) opened 0.56% lower this morning, and bottomed at $157.6. It last printed at $169.8, elevating 6.52%, with 91.743 million shares traded, involving $15.039 billion....
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BABA-W Last Swells 6.5%+ as Alibaba Cloud Launches Qwen3-Max, Largest Model Until Now
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BABA-W (09988.HK)  -5.500 (-3.198%)    Short selling $4.10B; Ratio 15.912%   opened 0.56% lower this morning, and bottomed at $157.6. It last printed at $169.8, elevating 6.52%, with 91.743 million shares traded, involving $15.039 billion.

Alibaba Cloud Qwen announced the launch of Qwen3-Max, its largest and most powerful model so far, following the release of the Qwen3-2507 series.

Related NewsHSBC Research Reiterates Rating at Buy for BABA-W (09988.HK) as Cloud Biz Outlook Becomes Clearer
Qwen3-Max-Instruct currently ranks third on LMArena's text arena in its beta version, surpassing GPT-5-Chat, Qwen said. Its official version has further enhanced its coding and agent capabilities, achieving industry-leading performance across comprehensive benchmark tests covering knowledge coverage, reasoning, programming, instruction following, human preference alignment, agent tasks and multilingual understanding.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-26 16:25.)

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