Alibaba Soars 7% On AI Push As China Pledges To ‘Vigorously Boost’ Spending — Hang Seng Reaches 2-Year High

Hong Kong stocks surged Thursday morning, with the Hang Seng Index climbing 2.5% to 24,183.07, reaching its highest level since January 2022 and extending its year-to-date gains to 23.37%.

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