Alibaba, JD.com, and Other Chinese Tech Stocks Are Soaring. Here’s Why—and Who to Thank.

2 years ago 390

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/alibaba-jd-chinese-tech-stocks-federal-reserve-jerome-powell-51641988280


Updated Jan. 12, 2022 7:27 americium ET / Original Jan. 12, 2022 6:51 americium ET

  • Order Reprints
  • Print Article

Chinese tech stocks are soaring. Many person been looking inexpensive of late, and soothing words from Federal Reserve Chair Jerome Powell lone fueled the dip-buying fire.

U.S.-listed shares of Alibaba (ticker: BABA) roseate 3% Tuesday and were gaining different 3% successful Wednesday’s premarket trading. Fellow Chinese tech elephantine JD.com (JD) rallied 10.3% Tuesday and the banal roseate 2% earlier U.S. markets opened.

The...


Read Entire Article