马云现身阿里园区，阿里市值重回3万亿港元

Core Viewpoint - The article highlights the recent activities of Alibaba and its stock performance, indicating a positive market reaction and significant developments in its business structure and AI initiatives [1][3][5]. Group 1: Company Activities - Jack Ma was spotted at the HHB bar, which he founded in January 2019, indicating his continued involvement with Alibaba [1]. - Alibaba's stock (9988) opened up 2.74% on September 17, reaching a nearly four-year high, with a market capitalization returning to 3 trillion HKD, reflecting a year-to-date increase of over 96% [3][4]. Group 2: Business Structure and Developments - Alibaba has restructured its business from six major groups to four, now categorized as Alibaba China E-commerce Group, Alibaba International Digital Commerce Group, Cloud Intelligence Group, and Other Businesses [5]. - The restructuring includes the integration of Ele.me into the Alibaba China E-commerce Group and the reclassification of other subsidiaries into the Other Businesses category [5]. - Alibaba recently launched the next-generation open-source Qwen3-Next model, emphasizing high training and inference cost-effectiveness, and its Gaode platform saw over 40 million active users on its first day [5]. Group 3: Market Trends - The Hong Kong technology ETF has seen significant inflows, with over 2.584 billion new shares added year-to-date, marking a growth rate of 1665.06% [5].