Hong Kong stock market anomaly | Alibaba-W (09988.HK) rises more than 4%, CEO Wu Yongming said actively promoting the construction of a 380 billion yuan AI infrastructure.

According to the Securities Times app, Alibaba-W (09988.HK) rose more than 4%, reaching a high of 166 Hong Kong dollars, again hitting a new high in nearly four years. The stock price has risen by more than 40% this month. As of the time of publication, it has risen by 4.04% to 166 Hong Kong dollars, with a turnover of 10.794 billion Hong Kong dollars.