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Alibaba Climbs 3%, PDD and JD.com Tick Up: Is China Technology Finding Buyers Again?

Source: 247wallst.com

Market Technicals & FlowsInvestor Sentiment & PositioningTechnology & Innovation
Alibaba Climbs 3%, PDD and JD.com Tick Up: Is China Technology Finding Buyers Again?

Alibaba shares rose 3% to $111.39 in Friday morning trading, leading a broader advance among U.S.-listed Chinese internet stocks. The report signals improving near-term sentiment toward the Chinese internet sector but provides no fundamental catalyst or company-specific financial update.

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