Tech Leaders of China
Smart Portfolio
Edited
šŸ¤– Alibaba’s AI Revenue Surge Triggers $50 Billion Stock Rally šŸ”¹ $BABA (Alibaba-ADR) soared 19% in Hong Kong, adding over $50 billion in market value, after reporting a triple-digit surge in AI-related revenue. šŸ”¹ Cloud division sales climbed 26% year-on-year, beating forecasts and reinforcing Alibaba’s pivot toward higher-growth segments. šŸ”¹ The strong AI momentum helped offset concerns over intensifying competition in e-commerce with $03690.HK (Meituan Class B) and $JD.US (JD.com-ADR) 🌐 Read more: www.bloomberg.com/news/articles/2025-09-01/alibaba-s-shares-soar-15-after-making-headway-in-china-ai-boom
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