Story perspectives

Alibaba and Apple Boost AI Sales, Stocks Surge

2/12/2025

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Summary

Alibaba Boosts AI Sales

Alibaba collaborates with Apple to introduce AI features in iPhones, aiming to increase sales in China and strengthen its AI standing.
Following the announcement, Alibaba's stock surged 8.5%, achieving its highest performance in almost two years.
Mainland Chinese funds invested HK$138 billion in Hong Kong stocks this year, fueling a tech market rally.
DeepSeek's AI app success has sparked optimism in China's tech sector, leading to valuation upgrades for key companies.

Summary

Apple Leads Smartphone Market

The global smartphone market expanded by 7% in 2024, totaling 1.22 billion units.
Apple maintained its lead, shipping 225.9 million units despite a 1% decline.
Xiaomi experienced a 15% growth, reaching 168.6 million units.
OPPO and Transsion ranked fourth and fifth in shipments, respectively.
Southeast Asia's market surged 11% to 96.7 million units, with OPPO holding an 18% share.

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Alibaba Boosts AI Sales

Alibaba collaborates with Apple to introduce AI features in iPhones, aiming to increase sales in China and strengthen its AI standing.
Following the announcement, Alibaba's stock surged 8.5%, achieving its highest performance in almost two years.
Mainland Chinese funds invested HK$138 billion in Hong Kong stocks this year, fueling a tech market rally.
DeepSeek's AI app success has sparked optimism in China's tech sector, leading to valuation upgrades for key companies.

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