Alibaba gains over 6% in pre-market trading, releases Qwen3.7-Plus multimodal large model According to Golden Finance, on June 2nd, Alibaba (BABA. US) rose more than 6% in pre-market trading to $133.23. Alibaba closed up 6.6% today at HKD 130.9 per share in the Hong Kong stock market. On the news front, Alibaba's AI subsidiary Qwen has launched Qwen 3.7-Plus, positioned as a multimodal interactive hybrid intelligent model. Qwen3.7-Plus is a multimodal upgraded version of Qwen3.7, with its core positioning as an intelligent agent base that unifies vision and language, retaining text, encoding, tool usage, and productivity workflow capabilities, while enhancing visual understanding, visual reasoning, and cross modal task processing. Capable of perceiving real-world scenes, reading screens and operating GUI, generating code based on visual references, end-to-end navigation for mobile applications, and answering visual questions based on network knowledge, seamlessly integrating graphical user interface (GUI) and command-line interface (CLI) interaction in a single agent loop. Simultaneously possessing cross framework generalization ability, it can maintain stable performance regardless of deployment through Claude Code, OpenClaw, Qwen Code, or other frameworks.