Alibaba’s stock has been on a

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Alibaba’s stock has been on a strong run this year, jumping about 70%, thanks to solid growth in AI, cloud services, and better cost control. People are still optimistic it can climb higher. Other Chinese tech stocks, especially those focused on AI and chips, are also hitting new highs. Meituan, on the other hand, is struggling with heavy competition in food delivery, hurting its profits and making it less of a clear buy for now.

# ARK Back in China! Can Fresh Confidence Signal a New Cycle?

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