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Stock impact report

Alibaba's letdown tempers the outlook for China's tech revival [Fortune]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Fortune
Xi Jinping publicly celebrated the nation's most prominent entrepreneurs from Jack Ma to Liang Wenfeng. Shares in China's biggest tech firms staged their headiest rally since 2020. As the year's first quarterly earnings season got underway this week, investors got a wake-up call. Alibaba Group Holding Ltd. shares plunged their most in more than a month Friday after disappointing investors who anointed the e-commerce leader one of the frontrunners in the DeepSeek-inspired AI boom. JD.com Inc. and Tencent Holdings Ltd. posted their fastest revenue growth since COVID-era heights—but that followed years of sub-par growth as they struggled with a Chinese downturn and a debilitating government crackdown. Both are on track for share losses since their reports. To be fair, Beijing's stimulus measures and a plethora of government spending incentives are propping up consumption—Alibaba's giant e-commerce operation outperformed in the March quarter, in one clear example. But with Meituan Show less Read more
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