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Hong Kong stocks tumble as AI bubble fears hit Wall Street

Hong Kong stocks extended losses on Wednesday, tracking Wall Street’s weakness amid growing fears of an artificial intelligence bubble, while…

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New Business

Hong Kong stocks advance on Amazon-OpenAI tech alliance despite Fed uncertainty

Hong Kong stocks edged up on Tuesday, helped by a tech rally sparked by Amazon’s US$38 billion partnership with OpenAI,…

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New Business

Alibaba expands instant commerce efforts with US$281 million Taobao convenience store push

Alibaba Group Holding on Friday unveiled a 2 billion yuan (US$281 million) investment as part of a programme that will…

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Li Auto CEO tops Hong Kong’s highest-paid directors list for 2024: Webb-site

Chinese electric-vehicle maker Li Auto’s founder and CEO Li Xiang topped Hong Kong’s paid director ranking for 2024 with a…

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New Business

Hong Kong stocks mirror Wall Street drop as AI bubble fears grow on excessive valuations

Hong Kong stocks fell on Friday, tracking a pause in Wall Street’s rally, driven by growing investor concerns that the…

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New Business

Hong Kong stock rally takes a pause as investors gather profits

Hong Kong stocks fell on Friday as investors took profits, especially in high-flying sectors, pausing a recent rally. The Hang…

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New Business

Alibaba leads tech-driven jump in Hong Kong stocks as AI enthusiasm continues

Hong Kong stocks jumped on Thursday after a one-day break, led by technology giants including Alibaba Group Holding, as investors…

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New Business

Alibaba, JD.com, Tencent lead Hong Kong stock advance after China industrial profits jump

Hong Kong stocks rose on Monday after data showed a rebound in China’s industrial profits, easing concerns over corporate earnings…

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New Business

Hong Kong stocks waver amid profit-taking after tech-led rally a day earlier

Hong Kong stocks fluctuated on Thursday as investors took profit following a strong rally fuelled by technology stocks a day…

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New Business

Hong Kong stocks waver as investors await signals from Trump-Xi call

Hong Kong stocks vacillated on Friday as investors held back ahead of a closely watched talk between US President Donald…

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