Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as investors responded to positive earnings guidance and anticipated monetary policy easing from Beijing.

The life of Jack Ma, founder of Alibaba. He grew up poor in China and was rejected from multiple jobs before finding success in tech.

Four years after launching a regulatory crackdown that plunged the tech sector into turmoil, China’s President Xi Jinping sat down publicly with Alibaba Group’s co-founder Jack Ma, whose firm bore the brunt of that campaign,

Alibaba Group declined on Monday and Tuesday triggered by President Donald Trump's remarks to limit Chinese spending and investment.

Alibaba’s revenue and profit in December quarter topped estimates, helping the Hang Seng Index log its longest winning run since January 2023.

The combined wealth of tycoons on the 2025 Forbes list of Hong Kong’s 50 Richest edged up to US$301 billion from $296 billion last year.

Hong Kong is betting on the RISC-V open-source chip architecture to drive innovation and secure a position in China's semiconductor landscape amid escalating US chip restrictions. The city, which is planning to host the International Young Scientist Forum on Artificial Intelligence,

Asian stocks fell after President Donald Trump's move to curb Chinese investments and proceed with tariffs on Canada and Mexico prompted investors to trim risky bets. A decline in US stocks at the end of trading also hurt sentiment.

The Hang Seng Tech Index, which has recently benefited from euphoria over DeepSeek’s artificial intelligence (AI) breakthrough, slipped 0.1 per cent. On the mainland, the CSI 300 Index slid 0.4 per cent and the Shanghai Composite Index retreated 0.1 per cent.

Cainiao, Alibaba's logistics arm, announced Feb. 27 that Alibaba Group has fully acquired the remaining shares held by Cainiao’s minority shareholders. In

SHANGHAI/HONG KONG -- Hong Kong shares hit their highest in three years on Friday as better-than-expected earnings by e-commerce conglomerate Alibaba Group Holding stoked a rally that has been driven by hopes of a homegrown artificial intelligence boom.

Alibaba stocks listed in Hong Kong rose following a significant profit increase for the company in the December quarter.