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 pledged on Feb 24 to invest more than 380 billion yuan (S$70 billion) in artificial intelligence (AI) infrastructure such as data centres over the next three years ...
· 2d · on MSN
Alibaba launches DeepSeek rival, sending stock surging
Alibaba's Stock Surges on AI Breakthrough: ETFs in Focus
Alibaba Group Holding Ltd. BABA experienced its biggest stock surge in weeks after introducing the QwQ-32B model, an AI system that rivals DeepSeek but requires only a fraction of the data. Alibaba – the Chinese E-Commerce behemoth – open-sourced the model on Thursday.
· 2d · on MSN
Alibaba Stock Is Rising. The China AI Spotlight Is Shifting From DeepSeek.
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.
US President Donald Trump directed the committee on Foreign Investment in the US to limit Chinese spending on technology and other strategic US sectors.
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