Hong Kong | The frenzy over Chinese artificial intelligence is turning Alibaba into an investor favourite again, injecting new life into an e-commerce giant that had nearly sunk into obscurity following a years-long regulatory crackdown.
Alibaba’s Hong Kong-listed shares have surged 46 per cent since hitting a 2025 low on January 13, expanding its market value by nearly $US87 billion ($138 billion) as of Wednesday’s close.