BABA(HK:09988) Ge Long Hui·2026-01-16 03:06Core Viewpoint - Alibaba's stock price has risen above $170, driven by the integration of its various services into the Qianwen app, which now offers over 400 functionalities, marking a significant advancement in AI-driven e-commerce [1]. Group 1: Stock Performance - Alibaba's U.S. stock has seen a continuous increase for four consecutive days, with a notable rise in the Hong Kong market, where Alibaba-W has experienced a 12.53% increase and a net buy of HKD 4.385 billion from southbound funds [1]. Group 2: AI Integration and E-commerce Potential - The integration of Alibaba's e-commerce services into the Qianwen AI app is viewed positively by multiple institutions, with Open Source Securities highlighting the significance of this move alongside Google's recent Universal Commercial Protocol (UCP) announcement, suggesting it could reshape the future of e-commerce [1]. - The Qianwen app is described as the world's first AI assistant capable of completing complex tasks in daily life, now enabling users to order food, shop, and book hotels through conversational interactions [1].