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AMTD Digital Inc soared 200 times in 17 days, surpassing Alibaba and Tencent in market value

Last night, the China concept stock AMTD Digital Inc $AMTD Digital(HKD.US)$ soared by nearly 130% again, closing at $1679, with a market value of $310.7 billion, 1.3 times the market value of US stock Alibaba $Alibaba(BABA.US)$ of $245.2 billion, while far exceeding the market value of NetEase $NetEase(NTES.US)$ , Baidu $Baidu(BIDU.US)$ , Pinduoduo $PDD Holdings(PDD.US)$ and JD.com $JD.com(JD.US)$ .

At present, the market value of AMTD Digital Inc can rank ninth in the market value of global listed companies, surpassing not only Tencent holdings $Tencent(TCEHY.US)$ , but also NVIDIA $NVIDIA(NVDA.US)$ , Meta $Meta Platforms(META.US)$ and other giants.

AMTD Digital Inc is a digital finance company under ATMD Group, which was first established by Ka-shing Li, the richest man in Hong Kong.

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