Alibaba shares surged in Hong Kong Friday following stellar quarterly results, boosted by growth in the company's cloud Intelligence and e-commerce segments.
The Chinese tech giant's shares soared 1… [+2632 chars]
Alibaba shares soar 11% in Hong Kong after stellar earnings as China's e-commerce sector recovers - CNBC
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.
By:Lee Ying Shan
Source:CNBC
Published:
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