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Holdings Stock Sheds 2.3% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2669565109","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669565109?lang=en_us&edition=fundamental","pubTime":"2026-09-23 16:31","pubTimestamp":1790152260,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Tencent Holdings Ltd. slid 2.3% to 441.00 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.0% to 24834.12.The stock's fall snapped a two-day winning streak.Tencent Holdings Ltd. closed 35% below its 52-week high of HK$683.00, which the company reached Oct. 2.The stock demonstrated a mixed performance when compared to some of its competitors, as China Mobile Ltd. fell 0.2% and Crazy Sports Group Ltd. fell 2.5%.Trading volume totaled 22.3 million shares, compared to the 50-day average of 25.2 million shares.Data source: Dow Jones Market Data, 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New AI Target Suggests Investments to Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2669106817","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669106817?lang=en_us&edition=fundamental","pubTime":"2026-09-23 15:51","pubTimestamp":1790149860,"startTime":"0","endTime":"0","summary":"0751 GMT - Alibaba Group is likely to invest more in artificial-intelligence businesses, given its revised target for the segment, Citi analysts say in a research note. Based on the company's aim of having 20 gigawatts of AI infrastructure by 2032, Citi lifts its capital expenditure forecast to 258.00 billion yuan for fiscal year 2027, 283.00 billion yuan for FY28 and 282.00 billion yuan for FY29, from its previous forecasts of 228.00 billion yuan, 201.00 billion yuan and 180.00 billion yuan, respectively. Citi keeps its buy rating and target price of 189.00 Hong Kong dollars. Shares last traded at 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to Open Data Centers in Europe, Middle East in AI Infra Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2669017246","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669017246?lang=en_us&edition=fundamental","pubTime":"2026-09-23 12:32","pubTimestamp":1790137978,"startTime":"0","endTime":"0","summary":"Alibaba  said Wednesday it will build its first cloud data centers in Turkey, Finland, and the Netherlands over the next 12 months as part of the Chinese e-commerce giant's AI infrastructure expansion in Europe and the Middle East.The company said it is also planning additional data centers in Malaysia, Germany, the United Arab Emirates, France and Hong Kong, in a push to bolster its cloud and AI services capabilities.Li Feifei, the company's chief technology officer and president of international business at Alibaba Cloud Intelligence, made the announcements at a key investor event held in Hangzhou, China.At the 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Could Gain More from AI Business Development","url":"https://stock-news.laohu8.com/highlight/detail?id=2669110287","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669110287?lang=en_us&edition=fundamental","pubTime":"2026-09-22 17:22","pubTimestamp":1790068920,"startTime":"0","endTime":"0","summary":"0922 GMT - Alibaba stands to benefit further from its AI business development, Citi analysts say in a research note. Chief Executive Eddie Wu's messages of a 20-gigawatt AI infrastructure target by fiscal 2033 could translate to $160 billion in external cloud revenue by then, the bank says. That compares with Citi's current forecast of $100 billion in fiscal 2031. The bank also expects Alibaba to continue its high capital expenditure in the coming years. Citi keeps a buy rating on the stock with a target price of HK$189.00. Shares close 1.95% higher at 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