Chinese stocks

Alibaba looks on course for a turnaround amid renewed investor frenzy for Chinese stocks

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Alibaba looks on course for a turnaround amid renewed investor frenzy for Chinese stocks

“Alibaba may gradually become more attractive to some long-only funds because it is, after all, the largest e-commerce stock in China,” said Shawn Yang, senior analyst at Arete Research. “The expectations of macro improvement may be passed on to these consumer stocks. Alibaba is the largest among them, and its situation is improving.” Alibaba, owner … Read more

Pressure grows on China for big policy moves to fix sagging economy

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Pressure grows on China for big policy moves to fix sagging economy

This photo taken on February 21, 2024, shows an employee working on a new energy vehicle assembly line at a BYD factory in Huai’an, in China’s eastern Jiangsu province. | Photo Credit: AFP As the annual meeting of China’s Parliament approaches next month, its leaders are facing the greatest pressure in almost a decade to … Read more