HKG:09988

Wall Street Braces for Shutdown: Stocks Rally as Fed Cuts Loom – Tech & Defense in Focus

Hong Kong stocks today (Nov 6, 2025): Hang Seng jumps 2.1% as chips & commodities surge; Pony.ai and WeRide sink on Hong Kong debut

The Hang Seng Index closed up 2.12% at 26,485.9, with turnover near HK$234.7 billion. Semiconductors, metals, and large-cap internet stocks led gains. Two major robotaxi IPOs, Pony.ai and WeRide, dropped 9–10% on debut despite the broader market rally. China-related indices and tech shares outperformed.

6 November 2025

Commodities·HKG:00981·HKG:01347·HKG:0700·HKG:09988·HKG:3690·Stock Market·Technology

Alibaba Stock Soars on AI Frenzy – Can the Rally Last?

Alibaba’s U.S. shares surged nearly 8% on Sept. 24, 2025, hitting a four-year high near $176 and doubling year-to-date. The jump followed CEO Eddie Wu’s AI strategy announcement and strong cloud revenue growth, while adjusted operating profit fell 14% last quarter due to heavy investment. Hong Kong shares also reached multi-year highs. Most analysts rate the stock a Buy, with targets up to $240.

10 October 2025

Artificial Intelligence·HKG:09988·NYSE:BABA·Stock Market