Market Chatter: Alibaba CEO, Chongqing Party Secretary Meet to Collaborate on AI

MT Newswires Live

Feb 27, 2025

Alibaba (HKG:9988) Chief Executive Officer Eddie Wu Yongming discussed potential collaborations in artificial intelligence with Chongqing party secretary Yuan Jiajun, the South China Morning Post reported Wednesday, citing official media.

Yuan said Chongqing offers "new major opportunities for cooperation" with Alibaba, with the city "seizing the opportunity" to empower itself using artificial intelligence, the Alibaba-owned news outlet said.

The meeting came after the internet giant said it will invest $52 billion in cloud computing and artificial intelligence, the report said.

Shares fell 1% during Thursday's afternoon trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2514826413"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2514826413\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2514826413?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-27 15:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2514826413","market":"sh","top_or_hot":-1,"title":"Market Chatter: Alibaba CEO, Chongqing Party Secretary Meet to Collaborate on AI","media":"MT Newswires Live","content":"<html><body><p> Alibaba (HKG:9988) Chief Executive Officer Eddie Wu Yongming discussed potential collaborations in artificial intelligence with Chongqing party secretary Yuan Jiajun, the South China Morning Post reported Wednesday, citing official media.</p><p>Yuan said Chongqing offers \"new major opportunities for cooperation\" with Alibaba, with the city \"seizing the opportunity\" to empower itself using artificial intelligence, the Alibaba-owned news outlet said.</p><p>The meeting came after the internet giant said it will invest $52 billion in cloud computing and artificial intelligence, the report said.</p><p>Shares fell 1% during Thursday's afternoon trading.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Alibaba CEO, Chongqing Party Secretary Meet to Collaborate on AI</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Alibaba CEO, Chongqing Party Secretary Meet to Collaborate on AI\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-27 15:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Alibaba (HKG:9988) Chief Executive Officer Eddie Wu Yongming discussed potential collaborations in artificial intelligence with Chongqing party secretary Yuan Jiajun, the South China Morning Post reported Wednesday, citing official media.</p><p>Yuan said Chongqing offers \"new major opportunities for cooperation\" with Alibaba, with the city \"seizing the opportunity\" to empower itself using artificial intelligence, the Alibaba-owned news outlet said.</p><p>The meeting came after the internet giant said it will invest $52 billion in cloud computing and artificial intelligence, the report said.</p><p>Shares fell 1% during Thursday's afternoon trading.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0348783662.USD","symbol_name":"ALLIANZ ORIENTAL INCOME \"A\" (USDHDG) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2514826413","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514826413","pubTimestamp":1740642515,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Alibaba  Chief Executive Officer Eddie Wu Yongming discussed potential collaborations in artificial intelligence with Chongqing party secretary Yuan Jiajun, the South China Morning Post reported Wednesday, citing official media.Yuan said Chongqing offers \"new major opportunities for cooperation\" with Alibaba, with the city \"seizing the opportunity\" to empower itself using artificial intelligence, the Alibaba-owned news outlet said.The meeting came after the internet giant said it will invest $52 billion in cloud computing and artificial intelligence, the report said.Shares fell 1% during Thursday's afternoon trading.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"89988":"阿里巴巴-WR","LU0348783662.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USDHDG) INC","LU1044875133.USD":"天利亚洲反向股票 AU Acc","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0708995153.HKD":"TEMPLETON EMERGING MARKETS \"A\" (HKD) ACC","09988":"阿里巴巴-W","LU0502904849.HKD":"FIDELITY FUNDS  CHINA INNOVATION \"A\" (HKD) ACC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","LU0828237940.HKD":"SCHRODER ISF EMERGING ASIA \"A\" (HKD) ACC","IE00BZ08YR35.GBP":"GUINNESS BEST OF CHINA \"C\" (GBP) ACC","LU0543330566.HKD":"TEMPLETON BRIC \"A\" (HKD) ACC","LU0823426480.USD":"法巴中国股票经典Dis","BK4538":"云计算","HBBD.SI":"Alibaba HK SDR 5to1","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","LU0856984785.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"ACH\" (SGDHDG) ACC","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","BABA":"阿里巴巴","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0329678170.USD":"FIDELITY EMERGING ASIA \"A\" (USD) INC","LU0320764243.SGD":"FTIF - Templeton Emerging Markets A Acc SGD","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0072462343.USD":"贝莱德亚洲巨龙基金","SG9999002463.SGD":"LionGlobal China Growth SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0543330483.HKD":"TEMPLETON ASIAN GROWTH \"A\" (HKD) ACC","LU1808992512.USD":"AB ALL CHINA EQUITY PORTFOLIO \"A\" (USD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","BK1588":"回港中概股","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","BK1517":"云办公","BK4220":"综合零售","BK4554":"元宇宙及AR概念","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","BK4581":"高盛持仓","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD","BK4527":"明星科技股","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC","LU1568876335.HKD":"ALLIANZ CHINA MULTI INCOME PLUS \"AMG\" (HKD) INC","LU1810669033.SGD":"FTIF - Templeton Emerging Markets Dynamic Income A (Mdis) SGD-H1","LU0348784397.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USD) ACC","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0084288322.USD":"Natixis Asia Equity RD USD","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4503":"景林资产持仓"},"translate_title":"市场热议：阿里巴巴-SW首席执行官与重庆市市委书记会面合作人工智能","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"89988":0.6,"HBBD.SI":0.6,"09988":1,"BABA":1},"content_text":"Alibaba (HKG:9988) Chief Executive Officer Eddie Wu Yongming discussed potential collaborations in artificial intelligence with Chongqing party secretary Yuan Jiajun, the South China Morning Post reported Wednesday, citing official media.Yuan said Chongqing offers \"new major opportunities for cooperation\" with Alibaba, with the city \"seizing the opportunity\" to empower itself using artificial intelligence, the Alibaba-owned news outlet said.The meeting came after the internet giant said it will invest $52 billion in cloud computing and artificial intelligence, the report said.Shares fell 1% during Thursday's afternoon trading.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}