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flag Alibaba launches DeepSeek Rival, boosting tech innovation and driving a 30% rise in China's stock index.

flag Alibaba has unveiled DeepSeek Rival, building on the success of its DeepSeek system which launched in January with the cost-effective R1 model. flag The platform's performance has bolstered investor confidence, leading to a 30% surge in the Hang Seng China Enterprises Index since January. flag This development highlights China's technological innovation amid growing US-China tech competition.

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