9988.HK is trading 5.1% up at $113.00, extending yesterday's significant rally. - The positive sentiment stems from a private analyst meeting on July 8, 2026, where Alibaba revealed accelerating Alibaba Cloud revenue growth (around 45%) and narrowed losses in its instant retail segment for Q1 FY2027. - This follows the stock's largest single-day surge (12-14%) since September 2025 on July 8, 2026, driven by an improved earnings outlook.