Alibaba Stock Jumps, Trip.com Set For Break Out On Latest China Stimulus Plans

Blockhead12-09

Alibaba (BABA) stock jumped in U.S. trading early Monday after the Chinese government pledged further economic stimulus. U.S.-listed shares of Chinese technology companies JD.com, Trip.com Group (TCOM...

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U.S.-listed shares of Chinese technology companies JD.com, Trip.com Group (TCOM...</p>\n\n<a href=\"https://www.investors.com/news/technology/alibaba-stock-jd-stock-trip-com-china-stimulus/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Jumps, Trip.com Set For Break Out On Latest China Stimulus Plans</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Jumps, Trip.com Set For Break Out On Latest China Stimulus Plans\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-09 21:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/technology/alibaba-stock-jd-stock-trip-com-china-stimulus/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba (BABA) stock jumped in U.S. trading early Monday after the Chinese government pledged further economic stimulus. U.S.-listed shares of Chinese technology companies JD.com, Trip.com Group (TCOM...</p>\n\n<a href=\"https://www.investors.com/news/technology/alibaba-stock-jd-stock-trip-com-china-stimulus/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0516422366.SGD","symbol_name":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","start_time":0,"source_url":"https://www.investors.com/news/technology/alibaba-stock-jd-stock-trip-com-china-stimulus/","article_id":"2490720142","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2019/05/stock-Alibaba-15-shutter-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490720142","pubTimestamp":1733751471,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Alibaba stock led a list of Chinese tech firms gaining in U.S. trading Monday after China pledges more stimulus.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"89888":"百度集团-SWR","89988":"阿里巴巴-WR","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU1813983027.USD":"MANULIFE GF DRAGON GROWTH \"AA\" (USD) INC","LU1224709979.USD":"FIDELITY CHINA FOCUS \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","BK1584":"蚂蚁金服概念","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD","LU0048580855.USD":"富达大中华区A","LU0791590937.USD":"ALLSPRING  EMERGING MARKTES EQUITY INCOME \"A\" (USD)","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","BK4534":"瑞士信贷持仓","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","BK4558":"双十一","LU0856984785.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"ACH\" (SGDHDG) ACC","SG9999002562.SGD":"LionGlobal Asia Pacific SGD","LU0348783662.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USDHDG) INC","LU0196878994.USD":"MANULIFE GF CHINA VALUE \"AA\" (USD) INC","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","09988":"阿里巴巴-W","HBBD.SI":"Alibaba HK SDR 5to1","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","TCOM":"携程网","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","BK1587":"次新股","LU0084288322.USD":"Natixis Asia Equity RD USD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0828237510.HKD":"SCHRODER ISF BIC (BRAZ IN CH)\"A\" (HKD) ACC","LU0106831901.USD":"贝莱德世界金融基金A2","BABA":"阿里巴巴","LU0499858602.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) ACC","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","LU0823040885.USD":"东方汇理新兴市场焦点股票基金","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","BK1521":"挪威政府全球养老基金持仓","LU1880383440.USD":"AMUNDI FUNDS CHINA EQUITY \"A2\" (USD) INC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU1868837722.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"2\" (USD) ACC","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","LU1046421795.USD":"富达环球科技A-ACC","BIDU":"百度","LU0417516571.SGD":"Allianz Oriental Income Cl AT Acc SGD","BK4548":"巴美列捷福持仓","LU0823426480.USD":"法巴中国股票经典Dis","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU0823041008.USD":"AMUNDI FUNDS EMERGING WORLD EQUITY \"A2\" (USD) ACC","09888":"百度集团-SW"},"translate_title":"阿里巴巴-SW股价上涨，携程因最新中国刺激计划而有望突破","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"89888":0.6,"89988":0.6,"09988":1,"TCOM":1,"BABA":1,"09888":0.71,"BIDU":0.6,"HBBD.SI":0.6},"content_text":"Alibaba (BABA) stock jumped in U.S. trading early Monday after the Chinese government pledged further economic stimulus. U.S.-listed shares of Chinese technology companies JD.com, Trip.com Group (TCOM) and Baidu (BIDU) also gained in early trading.\n\n\n\n↑\nX\n\n\n\n\nAI's Next Frontier: The Tech Set To Dominate CES 2025\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nAI's Next Frontier: The Tech Set To Dominate CES 2025\n\n\n\n\nAmerican depositary receipts for Alibaba were up 6% at 91.17 in premarket trading on the stock market today. Alibaba's e-commerce rival JD was up 8% at 40.12 while Chinese internet search leader Baidu gained 6% at 91.35. Travel booking company Trip.com, which was the IBD Stock of the Day Friday, was up 8% in premarket moves, pointing toward a breakout.\nThe gains come after the Politburo, China's top decision-making body, pledged earlier in the day to implement more proactive fiscal policy and a \"moderately loose\" monetary policy next year, according to the Wall Street Journal. Morgan Stanley economists called the Politburo statement \"even more positive,\" as quoted by the Wall Street Journal, than language in September that helped launch a rally for China stocks.\nAlibaba Stock: Up 11% This Year\nChina's tech stocks have bounced around in recent months, driven by debate about how far China would go with stimulus to boost its flagging economy. Alibaba stock rallied 27% in late September as government officials first rolled out stimulus plans. The Chinese e-commerce giant lost 8% in October trading and 10% last month, however.\nAlibaba stock has gained 11% overall this year. E-commerce rival JD rode a similar surge in the fall – with a lesser overall pullback in recent weeks – to gain 28.7% this year.\nBoth Alibaba and JD remain well below highs from late 2020 and early 2021, respectively. Alibaba in particular was hurt by a government crackdown on tech firms in 2020.\nBaidu stock has lost 27% this year.\nTrip.com Stock Breaks Out\nThe latest stimulus news from China offered a boost Trip.com Group, which was already one of the top performers among U.S.-listed China tech stocks.\nTrip.com's early gain put its on track for a breakout above a 69.67 consolidation buy point, according to MarketSurge pattern recognition.\nThe company, which operates the largest travel booking website in China as well as international-focused sites, has gained 92% already this year, helped by the country's travel recovery following Covid restrictions.\nYOU MIGHT ALSO LIKE:\nBest Chinese Stocks To Buy And Watch\nWhy This IBD Tool Simplifies The Search For Top Stocks\nCatch The Next Big Winning Stock With MarketSurge\nBest Growth Stocks To Buy And Watch\nIBD Digital: Unlock IBD's Premium Stock Lists, Tools And Analysis Today","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490720142"}