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Shares of Alibaba Group Holding (NYSE: BABA) were flying higher on Wednesday. The company's stock gained 1.9% as of 1:50 p.m. ET, but rose as much as 5.5% earlier in the day. The move up comes as ...
The news was enough to lift shares of the struggling Chinese e-commerce stock by 3.2% as of 10:45 a.m. ET. ... Alibaba stock has been struggling for years as a combination of a sluggish Chinese ...
China's stock market reacted positively to the news. The CSI 300 ( 000300.SS ), Shanghai Composite ( 000001.SS ), and Hang Seng Index ( ^HSI ) all rose more than 4%.
Chinese technology stocks trading in Hong Kong appear poised to enter a bull market after AI models released by DeepSeek sparked renewed interest in China’s technology firms. Xiaomi’s Hong Kong stock closed up 4.69% Friday to trade at 42.45 Hong Kong dollars, while Alibaba stock jumped 1.47% to trade at 100 Hong Kong dollars.
Image source: Getty Images. But today, Alibaba's stock trades 73% lower at about $82. It lost its luster as China's antitrust regulators cracked down on its e-commerce business, China's economy ...
In addition to that, Lee reiterated his $100 price target for the stock. For the record, that’s above the analyst consensus price t Chinese Internet Stocks: Why JD, BABA and BIDU Are Climbing Today