The$Hang Seng TECH Index (800700.HK)$, which tracks the 30 largest technology companies listed in Hong Kong, advanced 5.6% on Friday, bringing its gains this year to 24%. The index topped an October high that came after Beijing raised hopes for more government support and fiscal stimulus measures to boost the economy. The sudden emergence of Chinese Al company DeepSeek hit U.S. technology stocks two weeks ago and has fueled investors' optimism in China's tech shares Chinese video-streaming comp...
• On Thursday, shares of Alibaba Group (ALIBABA) surged to a high of HKD124.30, its highest level seen in over 3 years following news that it will partner with Apple to support iPhones' artificial intelligence (AI) services offering in China. For ALIBABA, the partnership is a major win in China's competitive AI market. (TheEdge, 13 Feb) • At the time of writing, shares of ALIBABA are trading at HKD118.80, approximately 1.8% higher than Thur...
– While the Hong Kong indices of HSTECH and HSI lost steam yesterday, giving up all gains (4.3% and 3.1% respectively) and more, they look to open in the green today, following a 1.2% gain in Alibaba's overnight ADRs. – In overnight news that could add to the positive mood on Valentine's day, it was reported that Trump's reciprocal tariffs on numerous trading partners including Japan and South Korea, could happen only in April, sending relie...
104174101 : baidu also up![blush 😊](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f60a.png)