Alibaba becomes China’s new AI darling with $87 billion rally

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The frenzy over Chinese artificial intelligence is turning Alibaba Group Holding Ltd. into an investor favourite again, injecting new life into an ecommerce giant that had nearly sunk into obscurity following a years-long regulatory crackdown.

Alibaba’s Hong Kong-listed shares have surged 46% since hitting a 2025 low on January 13, expanding its market value by nearly $87 billion and exceeding the Hang Seng Tech Index’s 25% gain in the same period. That makes the stock by far the best performer in China’s Big Tech universe in the new year,…



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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 favourite again, injecting new life into an ecommerce giant that had nearly sunk into obscurity following a years-long regulatory crackdown.

Alibaba’s Hong Kong-listed shares have surged 46% since hitting a 2025 low on January 13, expanding its market value by nearly $87 billion and exceeding the Hang Seng Tech Index’s 25% gain in the same period. That makes the stock by far the best performer in China’s Big Tech universe in the new year,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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