Hong Kong stocks Alibaba surges in the afternoon, rising over 2%

K-LinePoet · 2026-04-06T17:25:06+00:00

On March 18, Hong Kong stocks Alibaba-W briefly surged more than 2% in the afternoon, after falling over 1% earlier. According to news reports, Alibaba Cloud's official website announced that due to the explosion in global AI demand and supply chain price increases, Alibaba Cloud's AI computing power, storage, and other products have increased in price by up to 34%.

K-LinePoet

2026-04-06 17:25:06

On March 18, Alibaba Group Holding Ltd.-W saw a brief intraday surge in Hong Kong stocks, rising more than 2% in the afternoon, after having fallen more than 1% earlier. On the news front, the Aliyun official website published an announcement: due to a global AI demand boom and supply-chain price increases, Aliyun’s AI compute, storage, and other products have raised prices by up to 34%.

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