Are Alibaba shares “just too cheap?” [Video]

Giles Coghlan LLB, Lth, MA Financial Source

That’s the view of Tony Roberts from the Invesco Fund. Interviewed this week, Roberts was reported via Bloomberg as saying that China’s big tech companies like Alibaba and Tencent are “just too cheap.” This call comes as the latest Chinese export data shows an unexpectedly large fall of 7.5% y/y, prompting hopes of more stimulus from the People’s Bank of China via a rate cut.

Alibaba Group is a multinational conglomerate and one of the world’s largest e-commerce companies, based in China. Jack Ma founded the business in 1999, and it has since developed into a major force in many facets of the digital economy.

Is China about to get some extra stimulus from the People’s Bank of China? If it is, could Alibaba shares find a sudden gain? Seasonally, Alibaba shares have a stronger period ahead. Over the last 8 years, Alibaba has gained an average of 5.84% from June 2 to July 21.

So, will we see Alibaba gains on hopes of Chinese stimulus as we head into the weekend?

Major trade risks: The biggest risk here has to do with the recovery of China’s economy. A slower-than-expected pick-up could continue to disappoint analysts.

Learn more about HYCM

Author

Giles Coghlan LLB, Lth, MA

Financial Source

Giles is the chief market analyst for Financial Source. His goal is to help you find simple, high-conviction fundamental trade opportunities. He has regular media presentations being featured in National and International Press.

EUR/USD steadies near 1.1650 ahead of US Nonfarm Payrolls

EUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls report, which is expected to offer further insight into labor market conditions and the Federal Reserve’s policy outlook. December NFP is forecast to show job gains of 60,000, down from 64,000 in November.

GBP/USD: Further weakness could challenge 1.3400

GBP/USD remains under unabated selling pressure on Thursday, slipping to fresh three-day lows around 1.3415 in response to further improvement in the sentiment surrounding the Greenback ahead of Friday’s key NFP data.

Gold defends $4,450, looks to the crucial US NFP report

Gold struggles to capitalize on the previous day's goodish move up from the vicinity of the $4,400 mark and attracts some sellers while defending $4,450 in the Asian session on Friday. The critical US employment details will offer more cues about the Fed's rate-cut path, which, in turn, will influence the US Dollar price dynamics and provide a fresh impetus to the non-yielding bullion.

Forecasts for Payrolls are all over the place

Yesterday’s data put the kybosh on the idea the Fed needs to cut rates fairly urgently to protect the labor market. The jobs component of the ISM services index was nicely over 50, and that rising JOLTS voluntary quits rate also points to no real heartache in labor.

2026 economic outlook: Clear skies but don’t unfasten your seatbelts yet

Most years fade into the background as soon as a new one starts. Not 2025: a year of epochal shifts, in which the macroeconomy was the dog that did not bark. What to expect in 2026? The shocks of 2025 will not be undone, but neither will they be repeated.

XRP slides as institutional and retail demand falters

Ripple is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.