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Alibaba Stock Surged Nearly 19% Higher In Hong Kong On Monday: What's Going On?

Market Impact

Namrata Sen

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September 1, 2025

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Benzinga

Alibaba Group Holding Ltd (NYSE: BABA) saw its Hong Kong-listed shares surge by over 19% on Monday amid strong quarterly performance of the company's cloud computing unit and the unveiling of a new AI chip.

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