Alibaba’s 2025 Tech Rally: AI Gold Rush, Stock Soars & What’s Next for 9988.HK
Stock Performance & Recent News Rally to Multi-Year Highs: Alibaba’s stock has staged a remarkable comeback in 2025. After two difficult years, the shares rebounded with powerful momentum this year, fueled largely by optimism around the company’s tech initiatives and a brighter Chinese policy environment. By early October, 9988.HK had climbed to about HK$183 per share, marking its highest level since 2021 ts2.tech. This represents roughly an 85–90% gain year-to-date ts2.tech – a stark outperformance versus the broader market (for context, the NYSE Composite was up only ~12% over the same period) ts2.tech. The rally accelerated in late September, when a series of bullish catalysts converged. On