Chase the Surge in Alibaba or Baidu Stock?
Along with U.S. equities, favorable market sentiment has led to a resurgence in Chinese tech stocks with Alibaba (BABA) and Baidu (BIDU) leading the way.Reigniting the buzz, the U.S. and China reached an ongoing framework trade agreement back in May, offsetting previous tariff concerns that had compressed Chinese equities.Fast forward four months, and AI-driven optimism has kept propelling Alibaba and Baidu stock, which have both soared over +30% since the trade deal was announced between the world’s two ...