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US Listed China Stocks Rally: Alibaba's Performance, President Xi's Support, DeepSeek AI Boost Investor Confidence

Summary

U.S.-listed Chinese stocks trading higher in premarket on Friday as Chinese companies raise funds overseas and Alibaba reports strong quarterly results. Alibaba also plans to increase investments in Cloud and AI. Appaloosa Management's David Tepper bets big on Chinese stocks.

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Article published on February 21, 2025 by benzinga