$Alibaba(BABA)$ $BABA-W(09988)$ After six straight sessions of relentless selling, Alibaba Group Holding Ltd. (NYSE: BABA) has once again found itself in the market’s crosshairs — this time, caught in the crossfire of renewed U.S.-China tensions. The stock plunged nearly 7% intraday, briefly touching the $160 level before paring some losses. What began as a fragile rebound in Chinese equities quickly reversed course as investors digested a new round of harsh trade rhetoric from former President Donald Trump, who pledged sweeping tariffs and tougher trade enforcement on China if re-elected. This sudden resurgence of geopolitical risk has reignited old fears that Chinese tech giants, already battling regul
ARK Back in China! Can Fresh Confidence Signal a New Cycle?
ARK’s first investment in Alibaba dates back to 2014, shortly after the company’s IPO. However, since September 2021, public filings have shown no record of ARK holding or voting in Alibaba — coinciding with China’s regulatory crackdown on the internet sector. This latest repurchase of Alibaba shares is therefore seen as a strong signal of ARK’s return to the Chinese tech sector. Recently, ARK has been gradually rebuilding its positions in Chinese tech names, having already repurchased Baidu earlier.
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