Alibaba-W Shares Surge Over 3% in Hong Kong Trading as Aliyun Announces Price Hikes for Certain Model Units

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Alibaba-W (09988) rose more than 3% during the session. At the time of writing, the stock was up 2.57% to HK$132, with a turnover of HK$3.083 billion. On April 15, Alibaba's cloud computing unit, Aliyun, announced that it will moderately adjust the service prices of some Model Unit (MU) services to ensure stable supply of underlying hardware, improve platform operation and maintenance service quality, and respond to changes in computing power market costs. The affected product is the large model service platform Bailian, with price increases ranging from 2% to 7%. Previously, CITIC Securities pointed out that on March 18, according to Aliyun's official website, due to the global surge in AI demand and supply chain price increases, Aliyun's AI computing power, storage, and other products saw price increases of up to 34%. The bank judges that price increases by cloud providers have shifted from being driven by upstream cost pressures in the earlier stage to being pulled by demand inflation currently. The bank believes that a new round of accelerated growth in Token usage, combined with the overall upward trend in cloud computing prices, indicates that the logic of simultaneous volume and price increases in the industry is gradually being realized and possesses strong sustainability.

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