Zhong Guo Ji Jin Bao·2026-01-22 16:39Group 1 - Chinese assets have surged, with the Chinese concept stock index rising over 2% and Hong Kong futures increasing by approximately 1% [2] - Alibaba's stock price jumped 6%, leading the Chinese concept stocks, as the company prepares to push its chip manufacturing business, Pingtouge, towards an IPO [4] - Alibaba's CEO has committed over $53 billion to infrastructure and AI development, indicating a potential increase in future investments [4] Group 2 - The rise in U.S. stock markets is attributed to easing geopolitical tensions, a rebound in tech giants, and solid economic data [4] - U.S. economic growth in Q3 was slightly above previous estimates, driven by stronger exports and less drag from inventory [4] - Analysts noted that Trump's handling of the Greenland issue at the Davos World Economic Forum was effective in calming market fears [5]