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The Hang Seng TECH Index climbed 1.6%.Investor sentiment was also supported by signs of steady Chinese economic activity, with industrial production rising 4.5% year over year in July and the current account surplus widening in the second quarter.Investors also awaited further July data and monitored developments around the Strait of Hormuz and their impact on oil prices.Among individual stocks, Alibaba  rose nearly 2% after reportedly agreeing to sell its gaming unit Lingxi Games to Asian private-equity firm Trustar Capital in a deal that could value the studio at more than $1.5 billion.HUTCHMED   jumped nearly 5% after saying its savolitinib combination with AstraZeneca's osimertinib improved progression-free and 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HK Shares Climb Most in 2 Weeks on Lingxi Games Sale Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2660410726","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660410726?lang=en_us&edition=fundamental","pubTime":"2026-08-17 14:48","pubTimestamp":1786949281,"startTime":"0","endTime":"0","summary":"BUZZ-Alibaba HK shares climb most in 2 weeks on Lingxi Games sale report** Hong Kong shares of Alibaba Group9988.HKclimb 2.9% to HK$123.4, on course for the biggest one-day pct gain since August 3** Stock touches the highest since August 13, on track to snap four consecutive falling sessions** Alibaba is expected to reap more than $2 billion from the sale of its game developer unitLingxi Gamesto private equity firm Trustar Capital, a person familiar with the matter told Reuters** Lingxi Games is best known for 'Three Kingdoms: Strategy Edition', a multiplayer strategy title based on China's Three Kingdoms era** Alibaba also unveilsQwen3.8-27Bmultimodal dense model in Qwen3.8 series** YTD, Hong Kong stock down 13.8%, U.S.-listed sharesBABA.Ndown 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Reuters has not verified these stories and does not vouch for their accuracy.- Alibaba Group9988.HKis selling its videogame arm in a deal worth at least $1.5 billion, as the Chinese company shifts its focus to artificial intelligence.- Federal prosecutors digging into Mark Walter’s business empire are focused on four entities that served as intermediaries between insurance companies he controlled that made loans to businesses that he also controlled, according to people familiar with the matter.-  Powerful storms and floods have killed at least six people in Indiana, including a 4-year-old boy, state officials said on 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At the time of writing, the stock was up 14.44% at...","market":"other","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["08279","BK4585","BK1253","KCAI","VXUS","YSAG","DBP","BK4588","BK1501","BK1155"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1130254818","title":"Hang Seng Morning Brief: Alibaba to Open Source Qwen3.8; Guangdong's First \"Token Loan\" Launched in Haizhu","url":"https://stock-news.laohu8.com/highlight/detail?id=1130254818","media":"Stock News","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1130254818?lang=en_us&edition=fundamental","pubTime":"2026-08-17 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Group AG Reduces Stake in Alibaba Health by 8.86 Million Shares at Approximately HK$3.51 Per Share","url":"https://stock-news.laohu8.com/highlight/detail?id=1189439038","media":"Deep News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1189439038?lang=en_us&edition=fundamental","pubTime":"2026-08-17 07:10","pubTimestamp":1786921822,"startTime":"0","endTime":"0","summary":"Recent data from the Hong Kong Stock Exchange reveals that on August 10, UBS Group AG reduced its holdings in ALI HEALTH (00241) by 8.864 million shares, with a per-share price of 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wide ranging amendments to the company bye laws ahead of the 28 August 2026 annual general meeting.\nSee our latest analysis for AGTech Holdings.\nThe proposed bye law changes arrive after a period of strong share price gains for AGTech Holdings, with a 30 day share price return of 87.50% and a 1 year total shareholder return of 409.43%, indicating notable recent momentum.\nIf this kind of corporate cleanup 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ENT Enters Collectible Toy Market, Debuts Original IPs Like HEY PENNY and ECHOA at \"LUCKY LOOP\" Retail Stores","url":"https://stock-news.laohu8.com/highlight/detail?id=1132822915","media":"Deep News","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1132822915?lang=en_us&edition=fundamental","pubTime":"2026-08-16 13:10","pubTimestamp":1786857026,"startTime":"0","endTime":"0","summary":"DAMAI ENT has expanded its live entertainment strategy with the launch of its collectible toy brand \"LUCKY LOOP\" on August 16, unveiling a plan to open stores across six cities and eight locations....","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["WOOD","IE00B3T34201.USD","BK4136","IP","BK1128","BK1581","BK1591","LU1481600234.SGD","LU1487256676.USD","CUT","LU1169589451.USD","01060","LU2463526074.USD","LU1169590202.USD","BK1584","BK4585","BK4588","BK1521","LU1481599808.USD","BK1501"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2659142900","title":"Sun Art Retail Held Annual Shareholder Meeting, Poll Results 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