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Alibaba Spikes 11% In Hong Kong As Tencent, Xiaomi Lead Tech Rally On Earnings Optimism, Chinese Stimulus Hopes
Summary
Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as investors responded to positive earnings guidance and anticipated monetary policy easing from Beijing.
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Read Full ArticleArticle published on February 21, 2025 by benzinga