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Kong Stocks Rise on Monday on Tech Gains; Alibaba Rises 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=2660909485","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660909485?lang=en_us&edition=fundamental","pubTime":"2026-08-17 16:56","pubTimestamp":1786956993,"startTime":"0","endTime":"0","summary":"Hong Kong stocks closed higher Monday, led by technology shares as investors awaited China's July economic data.The Hang Seng Index gained 336.38 points, or 1.3%, to close at 25,453.23, while the Hang Seng China Enterprises Index rose 99.1 points, or 1.2%, to 8,439.97. The Hang Seng TECH Index climbed 1.6%.Investor sentiment was also supported by signs of steady Chinese economic activity, with industrial production rising 4.5% year over year in July and the current account surplus widening in the second quarter.Investors also awaited further July data and monitored developments around the Strait of Hormuz and their impact on oil prices.Among individual stocks, Alibaba  rose nearly 2% after reportedly agreeing to sell its gaming unit Lingxi Games to Asian private-equity firm Trustar Capital in a deal that could value the studio at more than $1.5 billion.HUTCHMED   jumped nearly 5% after saying its savolitinib combination with AstraZeneca's osimertinib improved progression-free and 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Group Holding Stock Advances 1.9% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2660048349","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660048349?lang=en_us&edition=fundamental","pubTime":"2026-08-17 16:32","pubTimestamp":1786955520,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Alibaba Group Holding Ltd. rose 1.9% to 122.20 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 1.3% to 25453.23.The stock's rise snapped a four-day losing streak.Alibaba Group Holding Ltd. closed 34% below its 52-week high of HK$186.20, which the company achieved Oct. 3.Trading volume totaled 48.6 million shares, compared to the 50-day average of 103.5 million shares.Data source: Dow Jones Market Data, 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Global Business President Departs, Expected to Join Ant Group","url":"https://stock-news.laohu8.com/highlight/detail?id=1172555685","media":"Stock News","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1172555685?lang=en_us&edition=fundamental","pubTime":"2026-08-17 16:24","pubTimestamp":1786955086,"startTime":"0","endTime":"0","summary":"DingTalk, the intelligent mobile office platform under Alibaba Group Holding Ltd (SEHK: 9988) (NYSE: BABA), is experiencing another significant leadership change. Reports indicate that Yang 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Alibaba also unveilsQwen3.8-27Bmultimodal dense model in Qwen3.8 series** YTD, Hong Kong stock down 13.8%, U.S.-listed sharesBABA.Ndown 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Reuters has not verified these stories and does not vouch for their accuracy.- Alibaba Group9988.HKis selling its videogame arm in a deal worth at least $1.5 billion, as the Chinese company shifts its focus to artificial intelligence.- Federal prosecutors digging into Mark Walter’s business empire are focused on four entities that served as intermediaries between insurance companies he controlled that made loans to businesses that he also controlled, according to people familiar with the matter.-  Powerful storms and floods have killed at least six people in Indiana, including a 4-year-old boy, state officials said on 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