• 9988.HK is trading 5.3% down at $90.00 after U.S. AI company Anthropic accused Alibaba of illicitly accessing its Claude AI models.
  • This allegation reportedly describes the largest known "distillation" attack on Anthropic, involving millions of exchanges through thousands of fraudulent accounts.
  • The news has spread pressure to other Chinese AI names, and overall investor risk-off sentiment remains high across the sector amid broader macro concerns.