Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as investors responded to positive earnings guidance and anticipated monetary policy easing from Beijing.

President Xi Jinping met some of China’s most prominent tycoons, sending what analysts say is the strongest signal of support in years to companies like web giants Alibaba and Tencent.

Asian stocks mostly rose on Friday, driven by a strong rally in Chinese technology firms and a positive handover from Wall Street. Hong Kong's Hang Seng index surged as Chinese tech stocks like Tencent and Alibaba gained significantly.

Alibaba, Tencent and other Chinese technology stocks surged Friday, lifting Hong Kong's Hang Seng Index to a near-three-year high. In the U.S. the Kraneshares CSI China Internet ETF, or KWEB, advanced.

Chinese President Xi Jinping is set to chair a rare symposium next week to boost confidence in the private sector. Business leaders, including Alibaba co-founder Jack Ma, Tencent CEO Pony Ma, and Xiaomis Lei Jun,

Asian equities were a sea of red as President Trump “appears” to be pushing forward with tariffs on Canada and Mexico, while the Philippines was closed for Revolution Day.

Tencent (TCTZF) stock rallied to a three-year high as news of it carrying out testing with DeepSeek fueled optimism among investors, while

Alibaba, Tencent and other Chinese technology stocks surged Friday, lifting Hong Kong's Hang Seng Index to a near-three-year high. In the U.S. the Kraneshares CSI China Internet ETF, or KWEB, advanced.

HONG KONG -- Asia stocks were mixed Wednesday, as Chinese technology stocks faltered after a short-term rally.

The Reserve Bank of Australia has kickstarted its two-day meeting which could see an interest rate cut on Tuesday.

Hang Seng rebounds on AI strength, Nikkei climbs on GDP data, but ASX 200 drops as RBA rate cut uncertainty lingers.

Asian equities ended a positive week on a high note, led by Hong Kong and Mainland China-listed growth stocks following Alibaba’s financial results, which were reported after the close in Hong Kong yesterday.