Sentiment: Positive
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Bernstein Says Tencent and Alibaba Stocks Are Its Top AI Plays in China
By Trader Edge at 2026-11-06 14:21
Sentiment: Positive
TLDR Bernstein named Tencent, Alibaba, NetEase and Boss Zhipin as its preferred China internet stocks, citing AI progress despite weak consumer demand. The firm says the market undervalues Tencent’s AI work, including Workbuddy and Hy4. Bernstein cut its Alibaba price target but kept an Outperform rating, and expects Alicloud growth to beat forecasts. Alibaba’s latest [...] The post Bernstein Says Tencent and Alibaba Stocks Are Its Top AI Plays in China appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central