Alibaba stock price falls in Hong Kong after China GDP data revives demand worries
Hong Kong, Jan 20, 2026, 00:06 HKT — The market has closed.
- Alibaba shares dropped in Hong Kong following new data on China’s growth and retail sectors.
- After an AI-driven surge, investors are revisiting valuations.
- Attention shifts to China’s upcoming policy moves and when Alibaba will report its next earnings.
Shares of Alibaba Group Holding Ltd in Hong Kong (9988.HK) dropped 3.5% Monday, ending the day at HK$160.40. The stock fluctuated between HK$160.10 and HK$162.50 during trading. (Investing)
This matters because Alibaba has come to symbolize the market’s go-to China tech “AI trade” play, while still linked to the consumer cycle via e-commerce and advertising. Monday’s decline shifted focus…
