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

2 years ago 385

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