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HKG:1024 5 July 2025 - 4 July 2026

Alibaba trades near 52-week low after Kling AI funding update

Alibaba trades near 52-week low after Kling AI funding update

Hong Kong’s stock market doesn’t trade on Sundays and stayed closed last Wednesday for the city’s Special Administrative Region Establishment Day. That gave Alibaba Group Holding Limited four trading sessions for Hong Kong investors last week. HKEX's 2026 calendar still puts the market shut on Saturdays, Sundays and public holidays like July 1.
Top Hong Kong stocks today: Kuaishou surges, Alibaba climbs, CNOOC slides

Top Hong Kong stocks today: Kuaishou surges, Alibaba climbs, CNOOC slides

Kuaishou Technology jumped 11.4% in afternoon trade, leading gains among Hang Seng blue chips as the benchmark index eased 0.06% to 26,321.87. Investors also pushed Innovent Biologics up 6.7% and Hansoh Pharma up 5.7%, while they sold oil producers CNOOC and PetroChina, down 3.5% and 3.2%, respectively. Turnover — the cash value of shares traded — clustered in exchange-traded funds, with the Tracker Fund and the HSCEI ETF in the top five, alongside Alibaba, Tencent and SMIC. etnet 經濟通
PixVerse AI is Taking Over 2025 – The Revolutionary Video Generator Shaking Up Content Creation

PixVerse AI is Taking Over 2025 – The Revolutionary Video Generator Shaking Up Content Creation

2025 has been a breakthrough year for PixVerse AI, a leading text-to-video generator that’s making waves across the tech and creative industries. In the first half of the year, PixVerse rolled out multiple game-changing updates – notably PixVerse V4 in February and V4.5 in May – that dramatically enhanced its video quality and features. The V4.5 release on May 15, 2025 introduced cinematic camera controls and a new fusion system for blending images, drawing widespread acclaim producthunt.com producthunt.com. These innovations catapulted PixVerse’s popularity: within days, its mobile app shot to #1 in the App Store’s Photo & Video category in the U.S., as creators flocked to try the new capabilities toolkitly.com.
5 July 2025
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