off hits mainland markets; Alibaba lifts Hong Kong shares
Published on: July 16, 2026, 11:40 a.m. | Source: The Economic Times
Mainland China stocks declined on Thursday due to technology sector weakness. Hong Kong equities gained momentum, supported by Alibaba's artificial intelligence integration news. Alibaba shares jumped significantly after announcing its AI model would be integrated into Apple devices. This development boosted optimism around China's domestic artificial intelligence ecosystem. Investors are also watching for economic policy signals from an upcoming Politburo meeting.
