HK Stock Market Move | BABA-W(09988) rose more than 5% during the trading day, its subsidiary Qwen officially released Qwen3.7-Plus.

BABA-W (09988) rose more than 5% during trading, rising 5.21% as of the time of writing to HK$129.1, with a trading volume of HK$42.74 billion. On the news front, on June 2nd, Alibaba's subsidiary Qianwen officially released Qwen3.7-Plus, which integrates visual and language into a unified multimodal model of intelligent body base. Building on the strong text capabilities of Qwen3.7, Qwen3.7-Plus has comprehensively upgraded its visual-language capabilities, while maintaining complete intelligent body capabilities in encoding, tool use, and productivity workflows. The Hybrid-Agent intelligent body system built on Qwen3.7-Plus integrates the code generation capability of large models with GUI automation execution, achieving full lifecycle development of an APP from requirement analysis to version iteration. The Agent ran continuously for more than 11 hours, automatically completing the full research and development cycle of an English vocabulary learning APP. It generated over 10,000+ lines of code, triggering Agent calls over 1,000+ times, covering core aspects of software development lifecycle: requirement document generation, automatic code writing, automated installation and deployment, test case creation, GUI automation testing, multi-scenario parallel testing, automatic product instruction updates, and automatic version iteration evolution.