Alibaba's stock soars on profit growth and Beijing's stimulus, but risks of correction emerge as valuation exceeds intrinsic estimates. Read more here.
These companies are widely regarded as AI darlings in China. Alibaba's stock has surged 73% since its low in mid-January (as of this writing). JD and Tencent have also been firmly in rally mode, with the stocks up 41% and 30%, respectively, during the same timeframe. Recent developments suggest there could be more to come.
BEIJING: Alibaba Group Holding Ltd will invest about US$3.6bil to double its stake in Sun Art Retail Group Ltd, taking control of China’s largest chain of hypermarts to try and fend off rivals ...
Alibaba’s Hong Kong shares surged 74% in 2025, driven by AI expansion, strong earnings, and renewed government support. Its QwQ-32B model challenges DeepSeek, fueling China’s tech rally. Despite economic uncertainties,
ETFs tracking Chinese stocks surged on 3/3 due to strong manufacturing data and expectations of stimulus. Alibaba and tech stocks rebounded.
Beijing, China — Chinese tech giant Alibaba said Monday it will spend more than $50 billion ... and shunning the limelight since authorities brought down affiliate Ant Group’s high-stakes IPO in 2020.
Alibaba Group Holding Ltd. paced the gains on Thursday ... Its growing prowess in AI and mounting signs of Beijing’s support helped galvanize its comeback. “The supportive rhetoric to AI ...
US President Donald Trump directed the committee on Foreign Investment in the US to limit Chinese spending on technology and other strategic US sectors.