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Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership

By Justina LeeJuly 16, 2026 · 1 min read

The technological rivalry between China and the U.S. has intensified, as they race for AI dominance.

Shares of Chinese tech giants Alibaba and Baidu rose Thursday on their partnership with Apple for deploying their AI tools. Hong-Kong listed shares of Alibaba rose 5% after the company confirmed th…

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