Alibaba, Tencent rally
Alibaba, Tencent rally as Beijing stimulus plans push China's tech stocks to 13-month high
Chinese tech stocks including majors like Alibaba and Tencent rallied this week, pushing them to highs not seen in more than a year.
Alibaba and Tencent Surge as Beijing Stimulus Boosts Tech Stocks to 13-Month High
Chinese tech stocks saw a notable surge this week, with companies like Alibaba and Tencent hitting levels not seen in over a year. This rally comes on the heels of China’s central bank announcing measures aimed at revitalizing the world’s second-largest economy.
Alibaba, JD and Meituan Surge After China Stimulus Announcement
Alibaba Group Holding Ltd., JD.com Inc. and Meituan enjoyed their best trading days in years after the Chinese government announced measures to stimulate the troubled domestic economy.
China e-commerce giants Alibaba, JD.com, Pinduoduo see stock surge after stimulus package
Chinese e-commerce stocks jumped after the country's central bank announced a broad stimulus package. Alibaba, JD.com, and Pinduoduo led the surge.
Alibaba, JD among surging Chinese stocks after Beijing offers stimulus to economy
Chinese stocks surge after government stimulus measures. Alibaba, JD.com, Baidu, and others see significant gains.
Chinese Tech Stocks Rally After PBOC Announces Stimulus Measures. Alibaba Surges Above $100 and...
Chinese tech stocks surged this week, with the Hang Seng Tech Index closing nearly 6% higher. Alibaba hit $100 per share in the U.S. for the first time since last year, and its Hong Kong stock reached its highest since February 2023.
Alibaba reaches 1-year high: is the bearish downtrend finally over?
Alibaba's stock soars 20% to a one-year high amid China's stimulus and strategic moves in AI and partnerships. Technical ...
Alibaba-Owned Hypermarket Chain Sun Art Said to Draw PE Interest
Alibaba Group Holding Ltd.’s majority stake in Chinese hypermarket chain Sun Art Retail Group Ltd. is attracting preliminary ...
Alibaba's Savior Is Not Chinese Stimulus, But An Impending Global AI Partnership
Alibaba's recent surge amid China's stimulus highlights overlooked catalysts. Learn more about BABA stock and its potential ...
Stocks to Watch Friday: NIO, Alibaba, Stellantis, GM
The electric-vehicle maker's China unit secured an investment of 13.3 billion yuan, equivalent to $1.9 billion. NIO shares rose nearly 17% in Hong Kong and jumped i ...
Alibaba Stock's Set to End September With a Bang. Here's Why
Alibaba stock is headed toward its best month since December 2022 and Wall Street sees even more upside ahead. Here's what ...
Alibaba: Re-Rating Catalysts Finally Kick In
A major Chinese monetary policy update this week has given rise to a re-rating catalyst for Chinese stocks like Alibaba. Read ...
Alibaba Follows Amazon And Walmart, Pours $5.7B Into Holiday Sales Push
Alibaba Group Holding (NYSE:BABA) committed a minimum of 40 billion yuan ($5.7 billion) in resources to help merchants on ...
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Alibaba Cloud’s AI tech brings color to historic sports events
Alibaba Group, a leading e-commerce and technology company, and worldwide partner of the International Olympic Committee (IOC ...
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Alibaba's AI video generator: Sora's newest frenemy
Alibaba’s AI video generator, Tongyi Wanxiang, enters the crowded market, competing with OpenAI’s Sora. Is it the future of ...