Alibaba HK shares fall after report of Chinese data-leak probe

Alibaba Holding

23/09/2026 06:03

** Hong Kong shares of Alibaba 9988.HK fall 4.2% to HK$110
** On course for biggest one-day pct decline since August 24 and to snap 3-session winning run
** China probes Deepseek, Moonshot over potential data leaks to Anthropic and has summoned representatives of Alibaba, Zhipu 2513.HK, SenseTime 0020.HK, MiniMax 0100.HK and Xiaomi 1810.HK for questioning, The Information reported 
** Sensitive Chinese state, police, military data routed to US models - The Information 
** Reuters could not verify the report. The companies did not respond to requests for comment
** Zhipu 2513.HK drops 7.1%, MiniMax 0100.HK falls 4.5%, while SenseTime 0020.HK and Xiaomi 1810.HK are down about 2.5% each 
** Hong Kong TECH Index .HSTECH down 1%

(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))