Chinese Concept Stocks | Alibaba’s Cloud Launches AI-Powered AgentBay at AI Conference

On July 28th, Eastern Time (Monday), the three major U.S. stock indices showed mixed performance. The S&P 500 Index rose by 0.02%, closing at 6,389.77 points; the Dow Jones Index fell by 0.14%, closing at 44,837.56 points; and the Nasdaq Index increased by 0.33%, closing at 21,178.58 points.

On July 28th, the Nasdaq Golden Dragon China Index fell by 0.69%.

In terms of popular Chinese concept stocks, Alibaba rose by 1.68%, JD.com increased by 0.12%, NetEase dropped by 2.66%, Bilibili fell by 2.27%, NIO decreased by 1.93%, Baidu dropped by 1.54%, Pinduoduo fell by 1.43%, TSMC decreased by 1.16%, and XPeng Motors dropped by 0.08%.

Among Chinese concept stocks with consecutive gains, Wangban Technology rose by 18.28% over 9 consecutive days, with a total gain of 18.92% during this period. Maisi Intelligent Engine increased by 0.24% over 6 consecutive days, with a total gain of 19.66%. Kaixin Yueda rose by 9.46% over 5 consecutive days, with a total gain of 32.79%. Feitian Zhaoye increased by 6.21% over 4 consecutive days, with a total gain of 37.60%. Yilong Energy rose by 27.45% over 4 consecutive days, with a total gain of 58.54%. Jiayou Holdings increased by 4.70% over 4 consecutive days, with a total gain of 8.33%. Lingyang Holdings rose by 4.17% over 4 consecutive days, with a total gain of 10.10%.

Among Chinese concept stocks with consecutive losses, Jinsheng Leisure dropped by 11.11% over 12 consecutive days, with a total loss of 64.71%. Bit Mining fell by 2.43% over 8 consecutive days, with a total loss of 35.84%. Zhongjin Ke decreased by 2.51% over 7 consecutive days, with a total loss of 16.51%. Qifu Technology dropped by 0.37% over 6 consecutive days, with a total loss of 17.12%. Bit Origin fell by 9.00% over 6 consecutive days, with a total loss of 39.45%.

On July 28th, Alibaba Cloud released the first "super brain" designed for AI Agents, known as Wuying AgentBay, at the 2025 World Artificial Intelligence Conference. This cloud computer can perform basic tasks such as code execution, web browsing, data analysis, program development, and spreadsheet creation. It also has multiple AI skills including visual understanding, natural language control, and task analysis. It can seamlessly switch between systems like Windows, Linux, and Android, and call upon cloud resources such as computing power, storage, and toolchain resources at any time.

On July 28th, local time, the Operational Command of the Polish Armed Forces stated on social media that on the night of the 27th to the early hours of the 28th, Polish and allied fighter jets were urgently deployed, and ground air defense systems and radar reconnaissance systems were on high alert in response to Russian drone and missile attacks against Ukraine. The operation lasted approximately three hours.

There have been rumors that XPeng Motors is considering integrating its product line and may reinstall laser radar in its vehicles. In response, the vice president of XPeng Motors posted on Weibo, stating, "For such rumor-mongering media, regardless of the intention, we will directly address it through legal and governmental means in the future, including the one from a few days ago. Creating rumors and forcing companies to refute them as a form of clarification will not work. Based on experience, someone will eventually pay a significant price and serve as a warning."

At the 2025 World Artificial Intelligence Conference, DingTalk CTO Zhu Hong stated that AI has transitioned from the first half to the second half, marking a critical moment for enterprise data to realize the productive value of AI. In the coming years, AGI in vertical fields will quickly emerge. The year 2025 will be the inaugural year for industry-wide models and enterprise-specific models, with the latter experiencing explosive growth.

According to real-time data from the Lighthouse Professional Edition, as of July 28th at 14:06, the film "Litchi of Chang'an" has surpassed 5 billion yuan in box office sales, making it the first domestic film to achieve such a milestone since the Chinese New Year holiday season.

On July 28th, Taobao Flash Sale and Ele.me jointly announced that they have consistently surpassed 90 million orders per day for two consecutive weekends (excluding 0 yuan purchases and self-pickups).