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<Research>Citi Keeps Buy on BABA-W/ TENCENT; CN AI Model Tech Gap Narrowing
Recommend 29 Positive 55 Negative 28 |
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Citi has published a research report highlighting the differences in China's AI model approaches. For instance, TENCENT (00700.HK)'s Hunyuan large model HY 3.0 focuses more on real-world application scenarios, while BABA-W (09988.HK)'s Qwen 3.6-Max model excels in more complex coding and reasoning tasks. The report also underscored that the advanced architecture demonstrated by DeepSeek-V4 is pointing to a broader trend, indicating that the technological gap is narrowing. China's leading models are becoming viable alternatives to top global competitors, a trend that is further intensifying competition. Citi has maintained Buy ratings on BABA-W and TENCENT. Auto-translated by AI AASTOCKS Financial News |
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