BABA-W (09988.HK) -3.600 (-2.757%) Short selling $1.30B; Ratio 16.840% announced the commencement of gray box testing for its video generation model, HappyHorse 1.0. HappyHorse 1.0 adopts an audio-video joint generation solution, targeting content production scenarios such as advertising, e-commerce and short dramas, so as to provide integrated creative capabilities ranging from intelligent generation to editing.Global professional creators and enterprise-grade clients can register and use the service via the HappyHorse official website (www.happyhorse.cn) and the Alibaba Cloud Bailian Platform. Related News Citi: Chinas Leading AI Models Emerging as Viable Alternatives to Top Global Peers; Maintains Buy on Alibaba (09988.HK) and Tencent (00700.HK)Meanwhile, HappyHorse 1.0 has connected to the Qwen App, allowing users to open the app to experience it.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-29 16:25.)
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