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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. 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Remains a Buy on Alibaba Group Holding Ltd. 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HK Shares Fall After Report of Chinese Data-Leak Probe","url":"https://stock-news.laohu8.com/highlight/detail?id=2669319177","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669319177?lang=en_us&edition=fundamental","pubTime":"2026-09-23 13:03","pubTimestamp":1790139795,"startTime":"0","endTime":"0","summary":"BUZZ-Alibaba HK shares fall after report of Chinese data-leak probe** Hong Kong shares of Alibaba9988.HKfall 4.2% to HK$110** On course for biggest one-day pct decline since August 24 and to snap 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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 event, Alibaba also announced technology partnerships, including with Panasonic Digital Shanghai, Lion Parcel, Loomi Entertainment Group, SHAKE, and Unity 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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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Group Holding Stock Climbs 2.0% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2669711731","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669711731?lang=en_us&edition=fundamental","pubTime":"2026-09-22 16:32","pubTimestamp":1790065920,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Alibaba Group Holding Ltd. advanced 2.0% to 114.80 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 0.2% to 25087.75.This was the stock's third consecutive day of gains.Alibaba Group Holding Ltd. closed 38% below its 52-week high of HK$186.20, which the company achieved Oct. 3.Trading volume totaled 123.9 million shares, compared to the 50-day average of 91.1 million shares.Data source: Dow Jones Market Data, 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