$Alibaba(BABA)$ No position yet, but I'm watching this one. There's just way too much negativity and bearishness around it right now, and that might actually be the time to get in.
$Alibaba(BABA)$ Alibaba just dropped a preview of Qwen 4, and it can run on consumer hardware. The Qwen 3.8-Flash-Next model has 125 billion parameters but only activates 6 billion per token. It's a preview of the Qwen 4 architecture, built to run frontier-level AI on hardware you can actually afford. Weights are live on Hugging Face and ModelScope.
$Baidu(BIDU)$ $JD.com(JD)$ $Alibaba(BABA)$ Baidu will be added to the Hong Kong Stock Connect starting September 1, which means Chinese investors can buy shares directly. JD should be looking to do the same.
$Alibaba(BABA)$ In a short time, Moonshot says its K3 model still trails the most powerful proprietary models, Anthropic's Claude Fable 5 and OpenAI's GPT-5.6 Sol, overall. However, it beats the labs' second-tier systems, Claude Opus 4.8 and GPT-5.5, on benchmarks including coding and agentic tasks. Within a day, K3 topped the Arena frontend coding leaderboard, ahead of every leading US model, and placed third on Artificial Analysis's Intelligence Index.
$Alibaba(BABA)$ If you're bullish on Alibaba, Nike might be worth a look. When the Chinese market moves, Nike often follows, and it's currently at low levels. A 15% move up could happen any day this week.
$Alibaba(BABA)$ Looking at past rallies in Chinese stocks, they tend to be fast and sharp. Based on my analysis of most of them, we often see gains of 60-100% in under 50 days. If the price breaks above 120, I think it could test 150. And if it moves above 150, the next level to watch might be around 190.
$Alibaba(BABA)$ BABA seems to have some momentum. There's a trend of investors moving out of Korean chip stocks and into discounted Chinese tech, with BABA looking like a standout. Its 100-day moving average is at $127. If it can break through that level, momentum-based algorithms could start picking it up in size.
Everyone was watching for a breakdown below the 200-week moving average, but that move didn't hold. Instead of follow-through selling, buyers stepped in aggressively to defend that level, and demand showed up exactly where it needed to. That's the kind of price action I find noteworthy. Now $Alibaba(BABA)$ is reclaiming key technical levels with improving momentum. If this recovery continues and volume expands, it could turn into a stronger trend reversal than many anticipated. I'm keeping an eye on the next resistance area. The chart is back on my radar.