Earnings$BABA4:31 AM ET

Alibaba Hong Kong Shares Slide 2.8%, Volume Trails 50-Day Average

By BORSA NewsroomPublished Oct 29, 2026, 4:31 AM EDTUpdated Oct 29, 2026, 4:31 AM EDT

Alibaba Group Holding shares declined 2.8% to HK$96.10 in Hong Kong. The broader Hang Seng Index fell 0.6% to 22,958.65. Volume of 63.4 million shares was below the 50-day average of 74.4 million. The stock sits 45% below its 52-week high of HK$174.80, reached on Oct. 30.

Sentimentbearish 40

Bearish · 40 of 100

Impact20

low · stays off the top drivers

Confidence90%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Alibaba shares closed at HK$96.10, down 2.8%.
Hang Seng Index fell 0.6% to 22,958.65.