Alibaba Stock Skyrockets on AI Breakthrough – Key Facts & Latest 2025 Update
Alibaba Group (9988.HK) Stock Update and Market Outlook Stock Price Performance in 2025 Alibaba’s stock has staged a strong comeback this year. On September 24, 2025, its Hong Kong shares (Ticker: 9988.HK) spiked nearly 8% during the day on high volume reuters.com, after the company announced new AI initiatives (details below). Shares eventually closed around HK$161, up from HK$159 the prior day – a more modest +1% daily gain after some intraday profit-taking. Even so, Alibaba has been in a steady uptrend: the stock has climbed ~70% year-to-date reuters.com, and is up ~85% over the past 52 weeks stockanalysis.com. This