0337 GMT - The departure of Alibaba's key technical talent could be a setback for the company, according to Morningstar's Chelsey Tam in a research note. The departure of Lin Junyang, who played a significant role in Qwen's technical achievements, has been interpreted by the media as "a setback for Alibaba's AI talent bench", the senior equity analyst says in a commentary. Alphabet's DeepMind and several other companies approached members of Qwen team following Lin's announcement, the analyst points out, citing local media reports. "If Lin and core Qwen members join a competitor, it would be a setback for Alibaba, in our view," she says. Morningstar maintains wide-moat Alibaba's fair value estimate at HK$251 a share. Shares last traded at HK$130.30. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
March 11, 2026 23:37 ET (03:37 GMT)
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