Hong Kong shares hit 3-year peak as money flows to China tech sector
SHANGHAI/HONG KONG -- Hong Kong shares hit their highest in three years on Friday as better-than-expected earnings by e-commerce conglomerate Alibaba Group Holding stoked a rally that has been driven by hopes of a homegrown artificial intelligence boom.
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Stock markets rise as Alibaba fuels Hong Kong tech rallyEuropean and Asian markets rose on Friday, with Hong Kong leading the way thanks to a surge in tech stocks led by e-commerce ...
Alibaba’s revenue and profit in December quarter topped estimates, helping the Hang Seng Index log its longest winning run ...
Asia-Pacific markets trade in a tight range on Friday amid persistent concerns over U.S. trade tariffs and high for longer ...
(BABA) on Thursday reported fiscal third-quarter profit of $6.71 billion. On a per-share basis, the Hong Kong-based company said it had ...
Asian markets, except for Hong Kong and Mainland China, were lower on Trump’s steel and aluminum tariff talk as the U.S.
Hang Seng jumps on Alibaba’s earnings beat, while Nikkei falls below 150 as yen strengthens. US tariff threats add to market jitters.
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