US Stock Movement | Alibaba (BABA.US) rises over 6% as Apple Intelligence testing begins in China, Qwen ushers in new opportunities.

Zhitong Finance APP has learned that on Wednesday, Alibaba (BABA.US) rose more than 6% to $107.13. On the news front, on November 4, Apple Intelligence opened for testing in mainland China with the latest iOS developer beta. Qwen's integration into Apple Intelligence for China brings Alibaba a new model service scenario and also provides the Qwen App with potential user reach opportunities, and the value of the two commercial paths remains to be realized.