Alibaba draws mainland buyers as AI frenzy, cloud drive outlook
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Alibaba draws mainland buyers as AI frenzy, cloud drive outlook
Alibaba shares dropped nearly 17% from October peaks on profit-taking but rose 88% overall in 2025 on tech optimism. (File pic) HONG KONG: Mainland Chinese investors are increasing their stakes in Alibaba Group Holding Ltd ahead of fiscal second-quarter earnings, betting that the strong launch of i»»»
Tencent investors eye path to record in cheap stock valuations
As tech megacaps around the world climb to new records, investors see a chance for Tencent Holdings Ltd. shares to finally regain their former glory. The Hong Kong-listed stock has added more than $180 billion in market value this year yet it remains about 21% below its all-time high. And it’s trad»»»
Tencent investors eye path to record in cheap stock valuations
HONG KONG – As tech megacaps around the world climb to new records, investors see a chance for Tencent shares to finally regain their former glory. The Hong Kong-listed stock has added more than US$150 billion (S$192.5 billion) in market value this year yet it remains 26 per cent below its all-time»»»
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