Chinese Stocks Are "On Fire." Alibaba Unveils Its New Reasoning Model QwQ-32B and Challenges Deepseek and OpenAI!

The Chinese tech stocks are on a new upswing. President Xi has extended a hand to Alibaba & Co., signaling that the era of strict regulation has come to an end. This is particularly important for Alibaba (BABA) in the AI competition, as it allows them to advance more quickly in the development of new models and AI solutions, as well as to expand their cloud infrastructure. Additionally, it had a positive impact this week that China plans to increase GDP by 5% by 2025. Alibaba has unveiled its new reasoning model called QwQ-32B. It has 32...