Hong Kong shares surge, Alibaba-W (09988.HK) up more than 3%, increased investment in instant retail and takeout will drag down profits, HSBC said that the stock price has already reflected expectations.
According to the Securities Times app, Alibaba-W (09988.HK) surged more than 3%, up 3% as of the time of publication, at 106.3 Hong Kong dollars, with a turnover of 3.927 billion Hong Kong dollars.
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