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Benzinga
Benzinga
Business
Namrata Sen

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

Alibaba BABA Hong Kong Alibaba Group Holding Ltd Group Nvidia
Hangzhou,,China,-,Sep,14,,2023:,Alibaba,Group's,Global,Headquarters,

Alibaba Group Holding Ltd (NYSE:BABA) saw its Hong Kong-listed shares surge by 18.5% on Monday amid strong quarterly performance of the company’s cloud computing unit and the unveiling of a new AI chip.

Cloud Growth Pushes Alibaba Shares To March peak

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