Downtrodden Alibaba stocks surge over 30% this year on AI hype
The stock of tech giant Alibaba — whose shares had been beaten down since Beijing's yearslong Big Tech regulatory crackdown — ...
Alibaba Becomes China’s New AI Darling With $87 Billion Rally
The frenzy over Chinese artificial intelligence is turning Alibaba Group Holding Ltd. into an investor favorite again, ...
Alibaba’s AI deal with Apple lifts Hong Kong shares by most in over 4 months
The deal, which leverages Alibaba’s Qwen AI model, could boost iPhone sales in China and solidify Alibaba’s position as a ...
Alibaba drives Hong Kong shares higher, China stocks steady
Hong Kong shares rose 1.4% on Wednesday, led by a 6.7% surge in Alibaba shares amid AI-driven revaluation opportunities.
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Hong Kong's AI-Driven Stock Surge: Alibaba Leads the Charge
Hong Kong shares climbed on Wednesday, with Alibaba leading the surge due to AI-related revaluation prospects. Apple is ...
Alibaba shares soar after investors buy iPhone AI hopes
The stock climbed its most since September after the tech outlet, citing one unidentified source, said Apple and Alibaba have ...
Hong Kong stocks hit 4-month high as DeepSeek-driven revaluation takes hold
Hong Kong stocks rose on Wednesday, lifting the benchmark index to its highest level in four months, as the hype over ...
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Bonds Decline After Powell, Hong Kong Stocks Rise: Markets Wrap
Bond yields climbed after Federal Reserve Chair Jerome Powell signaled patience before cutting interest rates further and as investors look ahead to the US CPI data. Hong Kong stocks rallied, powered ...
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Alibaba shares jump as its new AI model claims to surpass leading players
Alibaba's cloud division highlighted that Qwen 2.5-Max surpasses GPT-4o, DeepSeek-V3, and Llama-3.1-405B in almost every ...