Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
World
Shanthi Rexaline

Why JPMorgan Is Doubling Down On Alibaba, JD And Other Chinese Tech Stocks This Year

China's tech stocks have been stuck in a rut since early 2021 and the selling in the space hasn't abated; investment bank JPMorgan sees an opportunity in these beaten-down stocks.

Time to Accumulate: The bank's flagship China fund has doubled down on Alibaba Group Holdings, Inc. (NYSE:BABA) and JD.com, Inc. (NASDAQ:JD) in 2022, Bloomberg reported, citing filings made at the end of May.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.