Invesco Golden Dragon China ETF Price & Performance (PGJ)

Alibaba's aggressive investment in AI, including its QwQ-32B model, has spurred significant market enthusiasm. The company's shares have surged, adding $135 billion in market value this year. Analysts highlight its open-source AI advancements as a key catalyst for growth, alongside China's pro-innovation policies.12

China's pivot to pro-growth policies and AI investments has reignited investor confidence. The Hang Seng Index and AI-focused ETFs, like KWEB and PGJ, are seeing gains. Alibaba and Baidu's advancements in AI are driving optimism, with China's broader tech sector benefiting from this momentum.13

Alibaba's focus on AI and cloud computing, including a $52 billion commitment, is reshaping its business outlook. The company aims to lead China's AI race with innovations like the QwQ-32B model. Investors are closely watching ETFs with significant Alibaba exposure, such as PGJ and CGRO.42