Alibaba’s AI Ambitions Make It Top-Performing China Tech Stock

(Bloomberg) — Growing enthusiasm for artificial intelligence plans at Alibaba Group Holding Ltd. (BABA) has once again made it China’s hottest technology stock, as investors rush back into the $420 billion internet titan. Hong Kong-listed shares of the company are up 52% in September, making them the best performer on the Hang Seng Tech Index. That marks a turnaround after months of sluggishness on investor concerns over a destructive price war in China’s food-delivery market. Most Read from Bloomberg A ...