Alibaba soars but Asia markets dip

Chinese ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from record highs. Alibaba rocketed 15 percent following bumper results after hours on Friday, including a surge in AI revenue. Its US-listed shares soared on Friday too. The Hang Seng was up two percent and […]

Subscribe Now

Never miss any important news. Subscribe to our newsletter.