2026-01-15 06:40:37

Global stock markets are relatively calm, but undercurrents are brewing. The three major US stock indices all declined yesterday, with the Dow Jones Industrial Average experiencing the smallest drop of only -0.08%, the S&P 500 index falling -0.53%, and the Nasdaq Composite index dropping more significantly by -1.00%. Market style is clearly leaning towards defensive positions, with funds shifting towards balanced allocations, which is closely related to the recent geopolitical risks involving US-Iran relations.

Interestingly, during this tech stock correction, Chinese concept stocks demonstrated relative resilience. The Golden Dragon Index experienced a slight pullback, but Alibaba ADR defied the trend and rose by approximately +1.7%, indicating continued market confidence in high-quality Chinese concept companies. This divergence reflects that while investors are risk-averse, they are still selectively choosing high-quality targets.

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Blockblind

· 4h ago

A 1% drop in the Nasdaq isn't a big deal, but the key is that Alibaba's counter-trend rise of 1.7% is really impressive. It seems some people still have confidence in Chinese concepts.

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GasFeeCrier

· 4h ago

Nasdaq is down again, my chip stocks are losing again... but Alibaba went up? What's going on, Chinese concept stocks are now so resilient.

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MetaverseLandlord

· 4h ago

What’s a 1% drop in the Nasdaq? Let’s see how they mess around later. Alibaba’s rebound this time is pretty impressive; rising 1.7% against the trend really wasn’t a waste of attention. The key is still to find the right targets.

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SillyWhale

· 4h ago

The Nasdaq drops by 1 point and they start shouting about risks, that's funny... Alibaba's recent performance is really resilient, quite interesting.

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ProveMyZK

· 4h ago

The Nasdaq dropped 1%, but it's not a big deal compared to the US-Iran situation. The key point is that Alibaba's comeback this time is really interesting.

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