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Why China’s Alibaba has risen from the dead

Cecile Vannucci

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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.

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    Original URL: https://www.afr.com/world/asia/why-china-s-alibaba-has-risen-from-the-dead-20250213-p5lbux