NEW YORK, December 29, 2025, 01:15 ET — Market closed
- Alibaba’s U.S.-listed shares last closed up 1.45% and were indicated lower in the latest off-hours quote.
- Investors are weighing fresh signals from Beijing on 2026 fiscal support and a holiday-thinned week of U.S. rate catalysts.
- Focus turns to Fed minutes due Tuesday and Alibaba’s next earnings date listed for February.
Alibaba Group Holding’s U.S.-listed shares were last indicated down about 2% in the latest after-hours quote early Monday, after the stock rose 1.45% to $152.24 at Friday’s close. [1]
The company’s American depositary receipts, or ADRs — shares that trade in the U.S. — often act as a proxy for investor appetite for China’s consumer internet sector. With U.S. trading shut overnight, attention has shifted to policy headlines from Beijing and the outlook for U.S. interest rates.
China’s finance ministry said on Sunday that fiscal policy will be more “proactive” in 2026, reiterating a focus on boosting domestic demand, supporting technological innovation and strengthening the social safety net. [2]
The ministry’s comments landed as investors try to gauge how much support Chinese authorities will provide to lift confidence at home after a prolonged property downturn weighed on sentiment. [3]
Global risk sentiment also firmed at the start of the week, with Asian stocks near six-week highs on expectations the Federal Reserve will cut interest rates next year, Reuters reported. [4]
“Markets will scour the minutes for deeper insights into the committee debates,” Tony Sycamore, a market analyst at IG, said, referring to minutes from the Fed’s last meeting due on Tuesday. [5]
For Alibaba, rate expectations matter because Chinese ADRs tend to trade like high-growth tech stocks when U.S. yields move, while Beijing policy signals can quickly reset expectations for consumer demand and investment.
Alibaba’s market value stands at roughly $341 billion, and about 6.0 million shares changed hands in the last session, according to market data.
The stock’s 52-week range runs from $80.06 to $192.67, leaving it about 21% below its annual high — a level traders often use as a rough gauge of momentum. [6]
In the latest off-hours quote, Alibaba was indicated at $149.00, down $3.24 from Friday’s close, according to Investing.com. [7]
Before the next session, investors will watch whether China’s policy messaging translates into concrete steps to support consumption and investment, after the finance ministry reiterated its 2026 stance. [8]
In the U.S., focus will be on the Fed minutes due Tuesday and on incoming labor-market readings in the new year that could shape expectations for the pace of rate cuts. [9]
Alibaba’s next earnings report is listed for Feb. 19, 2026, according to Investing.com, giving traders a fresh checkpoint on demand trends across its core commerce businesses and its cloud strategy. [10]
References
1. www.investing.com, 2. www.reuters.com, 3. www.reuters.com, 4. www.reuters.com, 5. www.reuters.com, 6. www.investing.com, 7. www.investing.com, 8. www.reuters.com, 9. www.reuters.com, 10. www.investing.com
