PRE-MARKET CHINESE STOCK NEWS: Anthropic accused Alibaba (9988 HK) of illicitly accessing AI models in a letter to US officials

Alibaba (9988 HK) - Anthropic accused the Co. of illicitly accessing AI models in a letter to US officials. (Newswires)

Bilibili (9626 HK) - Co. plans to repurchase up to USD 300mln of shares within 24 months. (AA Stocks)

CATL (3750 HK) - Co. expects at least 10k EVs to be equipped with its sodium-ion batteries this year. (AA Stocks)

JCET Group (600584 CH) - Co. will invest CNY 7.8bln to build a new plant as demand for domestic chips rises amid rapid AI development. (SCMP)

PetroChina (857 HK) - Co. will begin shallow-water drilling in Suriname next year, according to an executive. (Newswires)

Trip.com (9961 HK) - Co. Q1 (CNY) net 5.73 (prev. 5.95 Y/Y), rev. 16.2bln (prev. 13.7bln Y/Y), guides Q2 rev. to grow 3%-8% Y/Y. (Newswires)

Other News

Chinese President Xi said ensuring stable supplies of grain and key farm products is the top priority of agricultural production, according to Xinhua. Xi stated that China will improve agricultural infrastructure, ensure the quality of high-standard farmland construction, implement grain production support policies and maintain stable supplies and prices of agricultural inputs, while China will promote advanced agricultural varieties, technologies and equipment and steadily raise yields per unit area. (Newswires)