Alibaba Climbs as Optimism Builds Around China’s Earnings Recovery

In Monday’s early trade, Alibaba’s stock rose 2.3%, extending recent gains as sentiment toward Chinese equities brightened. Analysts credited the move to improving corporate earnings expectations and reduced geopolitical tension between Beijing and Washington. The company’s e-commerce and cloud units continue to deliver steady growth, reinforcing investor belief in a cyclical rebound. Brokerage reports also noted stronger Singles’ Day forecasts and robust retail data, signaling that broader Chinese technology valuations may finally be stabilizing after a long period of volatility.