Alibaba reports Q1 FY2026 earnings on August 29 after the U.S. market close. Wall Street expects revenue of RMB 253.4B (+4.2% YoY) and adjusted EPS of RMB 15.82 (-3.8% YoY). Will AI-driven cloud growth spark a rally, or will massive local-commerce subsidies weigh on profits? $Alibaba(BABA)$ $BABA-W(09988)$ 🔍 Key Things to WatchAlibaba Cloud revenue is expected to hit RMB 31.9B (+20% YoY), driven by rising AI demand. The company’s new Qwen3 model, AI-powered search tools, and broader product upgrades could keep Alibaba ahead of competitors.Taotian Group (China commerce) is projected to deliver RMB 121.7B (+7.3% YoY), supported by better promotions and improved consumer demand. International commerce stays

Over the past two years, the stories of both A-shares and Hong Kong stocks have revolved around one key phrase: pro-cyclical. Especially in commodities and resource-related equities, this phrase acts like a switch—once triggered by policy or the economic cycle, the market tends to surge swiftly and fiercely. Recently, market attention has again shifted to China’s resource sectors: steel, copper & aluminum, and rare earths, all riding on policy stimulus and a global price rebound.But why should we care about these “iron lumps” and “piles of ore”? Because they are not just cold raw materials—they represent China’s confidence in breaking free from economic “involution.” Steel fuels infrastructure, copper & aluminum are the “lifeblood” of new energy vehicles, and rare earths are the “v

The spotlight is heating up right next to you in China’s asset market!A-shares are on fire: The Shanghai Composite Index has hit a 10-year high — breaking above 3,800 points, its highest closing level since 2015, sparking strong market excitement.A-share market cap hits a milestone: On the same day, the total market cap of A-shares surpassed the 100 trillion RMB mark for the first time ever. Behind this record are surging margin financing balances and booming investor participation.Money is pouring in: Trading volume soared to about 2.8 trillion RMB, with both institutions and retail investors driving liquidity.These signals tell us one thing: investment sentiment is strong, capital is favoring equities, and the appeal of high-dividend ETFs is climbing fast. So let’s break it down in plain

$Alibaba(BABA)$ Alibaba Group (NYSE: BABA) has long been regarded as one of China’s most important technology conglomerates, but over the last several years, the company’s reputation with investors has been tested. From Beijing’s regulatory crackdowns to intensifying domestic competition and U.S. geopolitical restrictions, Alibaba has faced challenges that reshaped how global markets view the stock. Now, in 2025, the company is trying to write its next chapter. The latest earnings report contained one particularly notable development: Alibaba unveiled a new artificial intelligence chip designed to help fill the vacuum left by U.S. export restrictions on Nvidia’s high-end GPUs. The announcement triggered immediate investor enthusiasm, sending the s

Market Snapshot Shanghai Composite just closed at a decade-high of ~3,771 the strongest since August 2015 The CSI 300 edged up ~0.4%, buoyed by fintech and stablecoin-related shares amid early approvals for yuan-backed stablecoins Driving Forces Policy tailwinds: Expectations of stimulus and easing U.S.–China tensions are tipping investor sentiment Retail surge: Domestic inflows are growing, aided by low bond yields, property-sector frustrations, and attractive valuations Dividend culture shift: Beijing is pushing dividends and share buybacks to boost investor confidence dividend yields are now near 3%, highest since 2016 Warning signs linger: retail sales and fixed-asset investment are lagging, real estate remains frozen, and credit growth is weak. Meanwhile, Bridgewater liquidated its ~$

$MEITUAN-W(03690)$ China’s consumer internet space has long been defined by bruising competition, subsidy-driven battles, and shifting consumer preferences. But even in such a dynamic environment, the magnitude of Meituan’s latest earnings collapse stunned markets. A 90% plunge in adjusted net profit, far below consensus expectations, reignited investor debate about whether food delivery is destined to remain a low-margin, cash-burning battlefield. The disappointment also comes just as Alibaba prepares to release its latest quarterly earnings, with many questioning whether the delivery war will spill into its broader e-commerce operations. Meanwhile, Pinduoduo’s (PDD) signals of strategic moderation raise fresh questions about competitive balance