Why Are Alibaba and Other Chinese Tech Stocks up So Much?
Alibaba, Tencent and other Chinese technology stocks surged Friday, lifting Hong Kong's Hang Seng Index to a near-three-year high. Market moves pointed to a likely rally in U.S. hours, too, with the Kraneshares CSI China Internet ETF,
Why Chinese Tech Stocks Alibaba, Tencent, and GDS Holdings Are a Bright Spot in the Stock Market Today
Chinese stocks reacted favorably after China's President Xi Jinping held meetings with Chinese tech and start-up leaders in a move indicating a more friendly approach to the sector. The meeting included Alibaba co-founder Jack Ma and DeepSeek founder Liang Wenfeng.
Stock market today: Asia stocks mixed as Chinese technology stocks slip
HONG KONG (AP) — Asia stocks were mixed Wednesday, as Chinese technology stocks faltered after a short-term rally.
Chinese Stocks Rally on Strong Alibaba Earnings, DeepSeek Optimism
Upbeat earnings by big tech companies have added to a recent rally driven by Xi Jinping’s meeting with top corporate executives and the AI hype around DeepSeek.
Alibaba's hot streak continues as Chinese stocks shine in 2025
Alibaba Group Holdings' U.S.-traded American depositary receipts were up nearly 7% in early trading on Friday and have risen nearly 15% over the past two sessions. As of morning trading, they were on track for their best two-day showing since March 2023,
Tencent Stock Hits 3-Year High on DeepSeek Tests as Baidu Slumps
Tencent (TCTZF) stock rallied to a three-year high as news of it carrying out testing with DeepSeek fueled optimism among ...
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Ma Huateng's Net Worth Explained: The Impact of Gaming Restrictions on Tencent's Business Empire
Ma Huateng founded Tencent with friends in 1998. Following Tencent's latest rally, Ma has reclaimed his position as China's ...
Chinese Investors Drive Hong Kong Rally With $19 Billion Inflow
Chinese investors are helping to drive a bull run in Hong Kong shares, plowing almost HK$150 billion ($19.3 billion) into the ...
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Hong Kong stocks rally on AI-spurred tech firm boom
The E-commerce, consumer electronics, semiconductors and automotive industries are in line for capacity and revenue boosts when they embrace AI, wrote Ma Lei, chief investment officer of the Chinese ...
Battery giant CATL files for Hong Kong listing in what could be city's largest IPO since 2021
CATL is also listed on the Shenzhen stock exchange, boasting a market cap of $150.5 billion. The battery giant supplies big ...
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China’s CATL to raise at least US$5 billion in Hong Kong listing: sources
CHINESE battery giant CATL is expected to raise at least US$5 billion in a Hong Kong listing, according to two sources with ...