Alibaba, Baidu, JD.com Stocks Are Moving. China's Xi Just Met With Tech Leaders.
Portfolio Pulse from
Chinese tech stocks, including Alibaba, Baidu, and JD.com, are experiencing significant movement as they gain support from China's President Xi Jinping, who recently met with tech leaders.
February 17, 2025 | 11:00 am
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Alibaba's stock is likely to see positive movement as President Xi Jinping's meeting with tech leaders signals government support for the tech sector.
The meeting between President Xi and tech leaders suggests a favorable stance towards the tech industry, which is likely to boost investor confidence in Alibaba.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80