The Alibaba group stand at the World Conference of Artificial Intelligence (WAIC) in Shanghai in 2023.
Qilai Shen / Bloomberg
The actions of the Chinese electronic commerce giant Alibaba dropped up to 4.8% on Monday in Hong Kong as an agreement to provide AI technology to the Iphones sold in China were faced with a possible reaction from the United States in the United States
Investors in Alibaba, also registered on the New York Stock Exchange, reacted to a New York Times history Published on Saturday which said that the US government is considering Apple’s plan to use Alibaba AI to offer sales of smarter smartphones in its second largest market by sales, in China.
According to The Times Story, the White House officials and the Congress legislators fear that such a plan can help a Chinese company to strengthen its AIA and deepen Apple exposure to censorship and China data sharing laws. The document cited three anonymous sources of knowledge of the issue.
Alibaba and Apple did not respond to requests for comments sent by e-mail and sent by e-mail to Forbes Asia.
“Under the trade war between the United States and China, questions such as prices for small plots and [Alibaba’s] The collaboration with Apple has become sources of concern, ”explains Dickie Wong, executive director of the Hong Kong research at Kingston Securities, by SMS.
Wong also referred to the decision of the Donald Trump administration to impose tasks on cross -border packages worth $ 800 or less. Although such functions were lowered After the commercial negotiations of China and the United States which led to the suspension of most of the Tit-For-Tat prices for 90 days from mid-May, the tensions between the two largest economies in the world remain high, according to a May 16 report of S&P Global Ratings.
“In particular, the recent American agreement is only for a 90-day break,” said the report. “After this period, and in the absence of an agreement, the prices are likely to go up, perhaps suddenly.”
For years, Alibaba and the SHEIN competitors and the PDD HOLD HOLD HOLD HOLD platform used the exemption from small plots to send American consumers directly and to extend the company to the United States, which recognizes globalization as a key engine of its growth, said last Thursday on Thursday results For the three months that ended in March.
Total sales for the period increased by 7% in annual sliding to 236.4 billion yuan (32.6 billion dollars). The net profit came to 12 billion yuan, an increase of 1 203% compared to the same period a year ago which was largely due to variations in the value of capital investments of the company.
Despite this, the results missed market expectations, Wang Xiaoyan, analyst based in Shanghai in the 86research research company, explains WeChat. The actions of Alibaba New York and Hong Kong dived Friday after the weakest than expected results were reported.
Wang adds that road profit can fluctuate more because Alibaba invests more in so -called demand delivery services, which promise to deliver items ordered online on the hour. Investors hoped for higher growth in the Cloud Computing unit in Alibaba, where sales increased from 18% in annual sliding to 30.1 billion yuan during the quarter, as they thought that the advances of China AI could lead to greater use of the products of the company which help to bite and store the data, she says.
