Alibaba Group is trading 6.3% up at ARS 20,660 following reports that Chinese regulators have approved Apple Intelligence with Alibaba’s Qwen AI powering on-device features.
- The partnership will see Qwen AI integrated into iOS, iPadOS, macOS, and visionOS for the Chinese market.
- Alibaba is sustaining positive momentum from yesterday's U.S.-listed share gains, notably outperforming broader tech sector weakness.