Zhi Tong Cai Jing·2025-11-24 05:58Core Viewpoint - Alibaba's AI assistant, Qianwen App, has achieved over 10 million downloads within a week of its public testing, surpassing other AI applications like ChatGPT, Sora, and DeepSeek, marking it as the fastest-growing AI app in history [1] Group 1: Company Performance - Alibaba's stock price increased by over 4%, currently trading at 153.3 HKD with a trading volume of 6.789 billion HKD [1] - The official launch of Qianwen App on November 17 is aimed at directly competing with ChatGPT 5.1 [1] Group 2: Industry Impact - According to Dongfang Securities, Alibaba is intensifying its AI application strategy through Qianwen App, which is expected to enhance its full-stack AI advantages [1] - The Qianwen App is anticipated to create synergies with Alibaba's other lifestyle services, facilitating traffic sharing and accelerating revenue growth [1] - There is optimism regarding the multi-directional growth potential of Qianwen App within Alibaba's business ecosystem [1]