On May 14, Alibaba-W surged 8.13% in regular trading, reaching HK$142.5 per share with trading volume of HK$5.027 billion, as markets reacted positively to the company's latest quarterly results released after market close on May 13.
Alibaba reported Q4 FY2026 revenue of RMB 243.38 billion, up 3% year-over-year. The standout figure was Alibaba Cloud's AI-related revenue, which grew over 50%, underscoring the company's aggressive push into AI infrastructure. Token call volume for its latest model generation exceeded the prior version by more than 10 times, with code and agent-related scenarios seeing particularly strong growth of over 16.5 times. Management highlighted the deep integration of its Qwen large language model with Taobao, marking the first full-scale fusion of a top-tier AI model with a global e-commerce platform, enabling AI-powered shopping assistance across the entire consumer journey.
Additionally, Citi recently named Alibaba as its top China AI investment pick, citing its vertically integrated AI stack spanning T-Head chips, IaaS, PaaS, MaaS, and its Qwen LLM platform, with an H-share target price of HK$204.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
