Zhong Guo Ji Jin Bao·2025-11-13 08:49Group 1 - Alibaba's stock surged approximately 5% following reports of a major overhaul of its mobile AI application, aiming to compete with OpenAI's ChatGPT [2] - The application, currently named "Tongyi," will be rebranded as "Qwen" and will integrate AI functionalities to assist users in shopping on platforms like Taobao [2][4] - This initiative represents Alibaba's largest effort to explore revenue models in consumer services, with plans to eventually introduce paid services after building a user base [3][4] Group 2 - The A-share market experienced significant gains, with the Shanghai Composite Index reaching a 10-year high, closing up 0.73% [5] - A total of 3,953 stocks rose, with 104 hitting the daily limit up, while only 1,338 stocks declined [6] - The lithium battery sector saw a notable increase, particularly with CATL's stock rising nearly 8% due to a strategic cooperation agreement with Haibosichuang [6]