Alibaba’s BABA contract rose about 2.54% after Apple set a timetable for integrating Qwen into selected Apple Intelligence features for users in China, according to BlockBeats.
Apple and market reaction
Apple said developer testing would open Nov. 4, with a broader release planned alongside iOS 27.3 in December. BlockBeats reported that Citi kept a Buy rating on Alibaba, citing potential gains in Qwen reach and cloud inference demand.
TradingBeats data cited in the flash put the BABA Hyperliquid contract at $101.26, up about 2.54% over 24 hours, while AAPL was down about 0.34% at $343.79. These are point-in-time market readings, not forecasts.
Source: BlockBeats English flash, published Nov. 2, 2026.