US Tiger Securities Analyst Upgraded Chinese Tech Sector - Read Why

• U.S. Tiger Securities analyst Bo Pei upgraded the China Internet Sector to Outperform from Neutral.

• Pei sees the sector's significant risks already reflected in the current valuation.

• Both China and the U.S. have recently indicated making positive progress towards a mutually acceptable solution regarding stock listings.

• Related Content: JPMorgan Downgrades Alibaba and Other China Tech Stocks Following Selloff; Calls It "Uninvestable" For Next 6-12 Months

• China also indicated regulatory stability. The Chinese stocks trading in the U.S. include Alibaba Group Holding Ltd (NYSE: BABA), JD.com Inc (NASDAQ: JD), and Baidu Inc (NASDAQ: BIDU).

• Price Action: BABA shares traded higher by 26.40% at $97.03 on the last check Wednesday.

Latest Ratings for BABA

Feb 2022	Barclays	Maintains		Overweight
Feb 2022	Stifel	Maintains		Buy
Feb 2022	Citigroup	Maintains		Buy

View More Analyst Ratings for BABA

View the Latest Analyst Ratings

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