Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip

TL;DR


Summary:
- Alibaba, a major Chinese e-commerce company, has its shares listed on the Hong Kong stock exchange.
- This allows investors in Hong Kong and other parts of Asia to more easily access and trade Alibaba's shares.
- Listing in Hong Kong provides Alibaba with an additional market and source of funding to support its continued growth and expansion.

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