2 China Stocks Enjoying Post-Earnings Tailwinds

Alibaba Group Holding Ltd (NYSE:BABA) is surging today, last seen up 6.8%at $86.47, while JD.Com Inc (NASDAQ:JD) stock is enjoying a more modest 1.1% pop to trade at $33.98 at last check. Below, let's dive into what's driving today's positive price action.Alibaba stock is brushing off three price-target cuts after the company reported an 86% drop in profits for the fiscal fourth quarter, while revenue beat estimates. The e-commerce name is re-investing in strategies that drive growth, however. Shares are to ...