The stock price of Alibaba-W (09988) experienced a notable upswing, surging more than 4% at one point. As of the time of reporting, it stood at a 3.33% increase, reaching HK$108.6, with a trading volume amounting to HK$2.242 billion. In terms of news, on September 18, Alibaba's QianWen unveiled its native full-modal model, Qwen3.8-Omni-Flash. This cutting-edge model accommodates four distinct input types: text, images, audio, and video. It boasts an impressive context length of up to 1M Token and offers native support for continuous audio and video input spanning up to 1 hour. In a significant move, the API price for hourly audio input has been slashed by over 98%, while the cost for audio and video input has been reduced by more than 93%. Guosheng Securities holds a positive outlook on the growth prospects of Alibaba Cloud's business, the refinement of its profit structure, and Alibaba's comprehensive full-stack AI strategy.