Alibaba Group is trading 3.8% up at HK$115.00 following news that its cloud division will raise prices for several DDoS protection products.
- Alibaba Cloud is set to increase pricing for multiple DDoS protection services starting July 15, 2026, a move expected to bolster revenue for the cloud segment.
- The stock is also benefiting from a broader technology sector rebound supported by cooling inflation and market hopes for a pause in interest rate hikes.