KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
🚀 Alibaba's AI-Powered Revival
🔹 Alibaba’s AI push is fueling its best stock performance in years, surpassing the Hang Seng Tech Index’s 25% gain in the same period.
🔹 Strategic AI investments in Moonshot and Zhipu have solidified Alibaba’s position as a key AI player in China.
🔹 Its Qwen 2.5 Max model outperformed Meta’s Llama and DeepSeek’s V3, marking a breakthrough momentfor Alibaba in generative AI.
💬 Andy Wong (Solomons Group): "DeepSeek’s emergence has sparked a new AI catalyst, and Alibaba has the strongest earnings growth prospects in this space."
💡 Apple Collaboration Fuels the Surge
📌 Alibaba’s stock received another boost after reports surfaced that Apple is working with Alibaba to roll out AI features in China.
📌 AI-driven cloud expansion is another key pillar, as Alibaba slashes prices to regain customers lost to competitors.
💬 JPMorgan Chase & Co analysts: "AI is a major inflection point for Alibaba, though concerns remain about monetization."
📈 Alibaba vs. Global Tech Giants
Alibaba’s cloud revenue grew 9.7% year-over-year in Q4, compared to:
- 7.7% at Baidu
- 19% at Amazon
- 31% at Microsoft
📌 Despite its AI rally, Alibaba still trades at a discount, with a forward P/E of 12.2, below its five-year average of 14.6.
💬 Manish Bhargava (Straits Investment Management): "Even after this rally, Alibaba remains undervalued compared to US tech peers."
💰 Investors Pile In
📊 Options trading volume surged to its highest in four months in Hong Kong.
📊 Bullish bets outpaced bearish ones (110,000 call options vs. 74,000 puts).
📊 Cost of hedging against losses hit its lowest since November.
📌 Key Event Next Week: Alibaba’s financial results on Thursday, where investors will seek more details on AI expansion and cloud monetization strategies.
🔍 What’s Next for Alibaba?
✔️ Expansion into overseas markets to reduce reliance on China.
✔️ Further cloud growth to challenge Amazon and Microsoft.
✔️ Continued AI breakthroughs to maintain investor confidence.
Alibaba is no longer just an e-commerce giant—it’s now China’s AI powerhouse.
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