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Alibaba Stock Update & China Market Boost | BABA Stock
This Alibaba stock update includes a closer look at BABA stock in relation to the current Chinese economy and China stock market, including new Chinese government measures to support the stock market. I also compare the performance of BABA stock to younger megacap competitor PDD stock (PDD Holdings), which operates Pinduoduo and Temu.
Timestamps
00:00 Alibaba stock update intro
00:20 China's measures to support the stock market
01:35 Is China uninvestable?
02:27 China's real estate market crisis
03:44 Positive Alibaba news - Alibaba Cloud AI development
06:56 Alibaba stock (BABA) performance…
The skinny
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