Alibaba Group Holding Limited (9988.HK)

JD.com, Alibaba Stocks Rise Ahead of Key China Meeting. It’s a Big Deal for Apple, Too.

JD.com Alibaba and other Chinese stocks rose Friday ahead of a key meeting next week in which Beijing could unveil a stimulus package to boost the country’s sluggish economy. JD.com Hong Kong shares climbed 1.7%, and are now up 40.5% this year, as investors anticipated a stimulus plan in the days ahead. Alibaba rose 0.5%, while tech conglomerate Tencent jumped 3.6%.

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