Alibaba's shares jumped 19% in Hong Kong on Monday, following strong quarterly results from its cloud computing unit and reports of its new AI chip on Friday (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC : Alibaba's shares jumped 19% in Hong Kong on Monday, following strong quarterly results from its cloud computing unit and reports of its new AI chip on Friday —  Alibaba's Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant's cloud computing unit drove strong quarterly results …