Latest news with #AlibabaGroupHoldingLtd.
Time of India
5 days ago
- Business
- Time of India
AI upstart Manus starts text-to-video service to take on OpenAI
HighlightsManus has introduced a text-to-video generation feature, allowing users to create videos from text instructions in minutes, amidst competition from OpenAI, Alibaba Group Holding Ltd., and Tencent Holdings Ltd. The company, which gained attention after launching its AI service capable of performing multistep tasks, offers early access to paid subscribers before making the feature available for free to all users. As the text-to-video generation market grows, Chinese companies like Alibaba and Tencent are challenging proprietary Western competitors, indicating a potential disruption in industries such as entertainment, education, and marketing. Manus unveiled a text-to-video generation feature, entering a competitive segment populated by rivals from OpenAI to China's Alibaba Group Holding Ltd. and Tencent Holdings Ltd. The upstart, whose AI service is known for its ability to carry out multistep tasks the way humans do, said users can now similarly generate videos with text instructions. Its AI agent can transform a text command into a structured, sequenced video story in minutes, the company said on X. Paid subscribers get early access before Manus rolls out the feature for free for everyone. The company is taking on competitors like OpenAI's Sora, which is available to paid subscribers via ChatGPT, with the Pro version costing $200 a month. Other Western contenders like Runway, Synthesia and Google price their offerings based on subscription or pay-per-use. Manus, which has Chinese roots, was little known until the debut of its AI agent this year, just weeks after peer DeepSeek rattled the global market with its cost-efficient model. Manus' owner Butterfly Effect made global headlines for snagging venture funds from high-profile Silicon Valley investor Benchmark Capital, right in the midst of escalating US-China tensions in fields including artificial intelligence . Text-to-video model creators are forging ahead with technological advances. Chinese giants' open source products, such as Alibaba's Wan and Tencent's Hunyuan, are challenging proprietary Western competitors. At stake is a multibillion-dollar market with the potential to disrupt industries like entertainment, education and marketing.
Business Insider
19-05-2025
- Business
- Business Insider
Alibaba Group Holding Ltd. (9988) Receives a Rating Update from a Top Analyst
In a report released today, Sachin Mittal from DBS maintained a Buy rating on Alibaba Group Holding Ltd. (9988 – Research Report), with a price target of HK$156.00. The company's shares closed last Friday at HK$123.40. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Mittal is a top 100 analyst with an average return of 22.4% and a 75.38% success rate. Mittal covers the Technology sector, focusing on stocks such as Cognizant, Infosys, and Accenture. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alibaba Group Holding Ltd. with a HK$164.76 average price target, a 33.52% upside from current levels. In a report released on May 16, Macquarie also maintained a Buy rating on the stock with a HK$182.30 price target. The company has a one-year high of HK$145.90 and a one-year low of HK$69.80. Currently, Alibaba Group Holding Ltd. has an average volume of 138.7M.
Yahoo
19-05-2025
- Business
- Yahoo
Options Traders Wary of Trump Treat China Rally With Caution
(Bloomberg) -- The de-escalation of the trade war has brought some relief to the market globally. Yet when it comes to Chinese equities, investors remain reluctant to bet on big gains moving forward. How a Highway Became San Francisco's Newest Park America, 'Nation of Porches' Power-Hungry Data Centers Are Warming Homes in the Nordics Maryland's Credit Rating Gets Downgraded as Governor Blames Trump NJ Transit Train Engineers Strike, Disrupting Travel to NYC The Hang Seng China Enterprises Index of mainland stocks traded in Hong Kong has rebounded almost 17% from its low in April, and the cost of hedging against declines has fallen back to average levels after hitting a high. In the US, the trend is similar for the biggest exchange-traded funds that track Chinese equities. But unlike during last year's stimulus-triggered rally, there's no euphoria this time. While the China Enterprises Index snatched a fifth week of gains, it's still almost 8% below the high it reached in March. Alibaba Group Holding Ltd.'s results last week poured cold water on the high hopes that revived the tech sector earlier this year, and market watchers still expect Donald Trump to keep tariffs at a level that will curtail Chinese exports after the 90-day truce. 'Investors are likely cautious given how unpredictable Trump and his administration has behaved,' said Han Piow Liew, a fund manager at Maitri Asset Management Pte, a family office based in Singapore. 'Investors will have even more reasons to tame their bullishness on China, expecting more uncertain times as the geopolitical drama further unfolds.' Skepticism reigns after the tariff war already hurt trade in the region and slowed China's factory activity. Meanwhile, the latest earnings results were a wake-up call for investors who bet on the nation's big tech companies on hopes for advancements in artificial intelligence, despite intense competition in the space. In a note last week, JPMorgan Chase & Co. strategists including Tony SK Lee wrote that the options market shows a more balanced outlook now, though dealers' positioning suggests traders are net sellers of options. 'Investor demand for upside exposure in Chinese equities was subdued despite progress in US-China trade talks,' the strategists wrote. 'This marks a reversal from the prior eight months, when investors were active buyers, especially of calls during momentum phases.' When the market surged last year on stimulus hopes, traders chasing the rally sent a gauge tracking China Enterprises Index options prices spiking. By contrast, that same measure ended last week at its lowest level since January. In another note, JPMorgan strategists including chair of global research Joyce Chang cautioned that despite the tariff pause, the competition between the nations extends beyond trade — to technology and geopolitics. 'While markets are focused on the 90-day détente and dramatic reduction in tariff levels during this pause, technology competition between the US and China is likely to further broaden and intensify,' they wrote. While both Chinese and US equities have benefited from the easing trade tensions, more needs to be done to restore confidence, according to Dave Mazza, chief executive officer of Roundhill Investments in New York. 'A de-escalation of trade tensions and acts of good faith are important steps for restoring confidence,' he said. 'This could catalyze a resumption of market leadership for the most influential US and China companies in both markets.' Why Apple Still Hasn't Cracked AI Microsoft's CEO on How AI Will Remake Every Company, Including His Cartoon Network's Last Gasp DeepSeek's 'Tech Madman' Founder Is Threatening US Dominance in AI Race As Nuclear Power Makes a Comeback, South Korea Emerges a Winner ©2025 Bloomberg L.P. Sign in to access your portfolio
Mint
19-05-2025
- Business
- Mint
Options Traders Wary of Trump Treat China Rally With Caution
The de-escalation of the trade war has brought some relief to the market globally. Yet when it comes to Chinese equities, investors remain reluctant to bet on big gains moving forward. The Hang Seng China Enterprises Index of mainland stocks traded in Hong Kong has rebounded almost 17% from its low in April, and the cost of hedging against declines has fallen back to average levels after hitting a high. In the US, the trend is similar for the biggest exchange-traded funds that track Chinese equities. But unlike during last year's stimulus-triggered rally, there's no euphoria this time. While the China Enterprises Index snatched a fifth week of gains, it's still almost 8% below the high it reached in March. Alibaba Group Holding Ltd.'s results last week poured cold water on the high hopes that revived the tech sector earlier this year, and market watchers still expect Donald Trump to keep tariffs at a level that will curtail Chinese exports after the 90-day truce. 'Investors are likely cautious given how unpredictable Trump and his administration has behaved,' said Han Piow Liew, a fund manager at Maitri Asset Management Pte, a family office based in Singapore. 'Investors will have even more reasons to tame their bullishness on China, expecting more uncertain times as the geopolitical drama further unfolds.' Skepticism reigns after the tariff war already hurt trade in the region and slowed China's factory activity. Meanwhile, the latest earnings results were a wake-up call for investors who bet on the nation's big tech companies on hopes for advancements in artificial intelligence, despite intense competition in the space. In a note last week, JPMorgan Chase & Co. strategists including Tony SK Lee wrote that the options market shows a more balanced outlook now, though dealers' positioning suggests traders are net sellers of options. 'Investor demand for upside exposure in Chinese equities was subdued despite progress in US-China trade talks,' the strategists wrote. 'This marks a reversal from the prior eight months, when investors were active buyers, especially of calls during momentum phases.' When the market surged last year on stimulus hopes, traders chasing the rally sent a gauge tracking China Enterprises Index options prices spiking. By contrast, that same measure ended last week at its lowest level since January. In another note, JPMorgan strategists including chair of global research Joyce Chang cautioned that despite the tariff pause, the competition between the nations extends beyond trade — to technology and geopolitics. 'While markets are focused on the 90-day détente and dramatic reduction in tariff levels during this pause, technology competition between the US and China is likely to further broaden and intensify,' they wrote. While both Chinese and US equities have benefited from the easing trade tensions, more needs to be done to restore confidence, according to Dave Mazza, chief executive officer of Roundhill Investments in New York. 'A de-escalation of trade tensions and acts of good faith are important steps for restoring confidence,' he said. 'This could catalyze a resumption of market leadership for the most influential US and China companies in both markets.' This article was generated from an automated news agency feed without modifications to text.
Bloomberg
14-05-2025
- Business
- Bloomberg
Why US-Listed Chinese Stocks Risk Expulsion in Trump's Trade War
Tariffs aren't the only battleground to keep an eye on in the trade war between the US and China. Access to Wall Street could be used as a lever in the negotiations, leaving almost 300 Chinese companies listed in the US at risk of being removed from American stock exchanges. That includes e-commerce giants Alibaba Group Holding Ltd. and Inc. While the two countries reached a temporary tariff truce in May, drastically lowering their taxes on each other's exports for 90 days, a final trade deal that resolves their differences could take longer to hash out. In the meantime, a re-escalation of tensions isn't out of the realm of possibility.
