$BABA-W(09988)$ Bull run comin-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$BABA-W(09988)$ Bull run coming

Alibaba Surges 11% as China AI Stocks Rally — Can the Re-Rating Last?

Alibaba (BABA) soared 11.05% to $109, while its Hong Kong shares (09988) rose 4.56% — leading a broad rally in Chinese AI stocks. The driver: a rising tide of China AI optimism, as markets reprice the long-suppressed valuations of Chinese tech giants in the AI era. As the flagship of China's cloud and AI infrastructure, Alibaba is now the standard-bearer for a Chinese ADR re-rating. With capital rotating out of crowded U.S. AI names toward cheaper Chinese ones, is this 11% jump the start of a sustained re-rating — or just an oversold bounce?

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