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.

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Hong Kong Stock Market Today: Hang Seng Jumps 1.7% After China GDP Beat as Sigenergy Doubles on Debut

Hong Kong Stock Market Today: Hang Seng Jumps 1.7% After China GDP Beat as Sigenergy Doubles on Debut

Hong Kong’s Hang Seng Index surged 1.72% to wrap up Thursday at 26,394.26, fueled by a rush into tech and battery names after China’s first-quarter growth numbers topped forecasts. Tech stocks popped: the Hang Seng Tech index rallied 3.67%, while Alibaba climbed 5.6%, Tencent rose 3.6%, Baidu rocketed 7.7%, and Meituan added 2.8%.
16 April 2026
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