Alibaba's Trading Volume Drops 28.87% Ranking 12th Amid US-China Trade Tensions

On April 10, 2025, Alibaba's trading volume reached 54 billion, a 28.87% decrease from the previous day, ranking 12th in the day's stock market activity. Alibaba's stock price fell by 0.57%.

Alibaba's stock has been downgraded to a "Hold" rating due to uncertainties surrounding the TikTok deal and ongoing US-China trade tensions, which are impacting the company's valuation premiums.

Despite the downgrade, some analysts remain optimistic about Alibaba's prospects. Morgan Stanley upgraded Alibaba's shares from an "equal weight" rating to an "overweight" rating, citing the company's strong fundamentals and potential for growth.

However, the trade tensions between the US and China continue to pose a significant risk to Alibaba's stock price. The recent announcement of a 125% tariff on Chinese imports by President Trump has heightened investor fears over the potential impact on Alibaba's business.

Citigroup has also issued a pessimistic forecast for Alibaba, cutting their price objective for the company from $170.00 to $169.00 and maintaining a "buy" rating. The bank cited concerns over the trade tensions and their potential impact on Alibaba's business as the reason for the downgrade.