Alibaba's cloud unit released Qwen2.5-VL AI model which beats OpenAI in various evaluations. Chinese tech stocks up, US stocks down due to AI tech embargo.
US-listed Chinese stocks rise as Trump's inauguration speech signals no immediate tariffs, easing concerns over trade relations and boosting Chinese economy.
US-listed Chinese stocks gained momentum on Tuesday, following China's record-breaking trade results in 2024 and reports that the US may take a gradual approach to raising tariffs. Experts predict a 20% rise in Chinese stocks by year-end.
US-listed Chinese stocks, including Alibaba, Baidu, JD.com, PDD Holdings, NIO, Li Auto, and XPeng, trade lower as US-China tensions rise over AI embargo.
Xiaomi Corp's electric cars can now use over 14,000 charging stations from rivals NIO, XPeng, and Li Auto. China plans to boost EV industry with $411 billion in bonds.
Michael Burry and David Tepper anticipated more Chinese stimulus and have been buying up shares of companies that could benefit as Beijing unleashes more fiscal support.
Chinese stocks rise on news of China's stimulus plan to deter US tariffs. Alibaba leads tech sector, as China focuses on subsidies and investments in advanced industries.
NetEase shares are under pressure, down 4.4% Tuesday afternoon. China's latest economic data highlights a challenging environment for consumer-driven sectors.
Chinese stocks rose ahead of China's key policy meeting this week. The government plans to discuss financial goals and stimulus measures to boost consumption.
