Alibaba has become the hottest stock on the Hong Kong Stock Connect, with mainland investors buying HK$13.5 billion last week.

The potential of Alibaba Group in the field of artificial intelligence is being re-evaluated, making it the most favored stock by mainland Chinese investors. Mainland investors bought a total of HK$13.5 billion in Alibaba stocks through the Stock Connect last week, exceeding any other stock. The net buying volume for the week was higher than the total buying volume in recent months, and it is expected to help achieve the highest monthly level since April.