--- title: "Alibaba, JD.com, PDD Stocks Climb Monday After Brutal October for Chinese Stocks: What’s Going On?" type: "News" locale: "en" url: "https://longbridge.com/en/news/303981564.md" description: "Alibaba, JD.com, and PDD Holdings stocks rose on Monday following reports that China’s central bank and regulators will meet to discuss market support measures. This rally comes after Chinese stocks suffered their worst month in over a decade, with the CSI 300 Index falling into a bear market. Traders are watching for potential actions to stabilize the equity market amid weak economic data." datetime: "2026-11-02T15:05:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/303981564.md) - [en](https://longbridge.com/en/news/303981564.md) - [zh-HK](https://longbridge.com/zh-HK/news/303981564.md) generator: "portal-rs" --- # Alibaba, JD.com, PDD Stocks Climb Monday After Brutal October for Chinese Stocks: What’s Going On? **Alibaba Group Holding Limited** (NYSE:BABA), **JD.com, Inc.** (NASDAQ:JD) and **PDD Holdings Inc.** (NASDAQ:PDD) are trading higher Monday after a report that China’s central bank and securities regulator will meet to discuss tools designed to support the country’s capital market. - Alibaba stock is trading at elevated levels. What should traders watch with BABA? ## **China Regulators**, **Central Bank to Meet on **Stock Market**** **Support** Measures According to Bloomberg, the People’s Bank of China will meet with the National Financial Regulatory Administration, the China Securities Regulatory Commission and major banks on Monday to study how to improve a relending program for share buybacks and stake increases. Bloomberg cited a report Sunday from Cailian, which cited people in the industry. Some securities firms and funds have received notices about the meeting, according to the 21st Century Business Herald, as cited by Bloomberg. The newspaper said industry participants speculated that the meeting was likely preparation by financial regulators for further action to stabilize the market. ## **The Meeting Follows China’s Worst Month for Stocks in More Than a Decade** Bloomberg said a state-backed effort would add to steps China took last month to stabilize its equity market. Those measures have so far proved insufficient, Bloomberg reported, against the backdrop of a weak domestic economy and doubts over AI earnings, with Chinese stocks suffering their worst month in more than a decade. The CSI 300 Index fell into a bear market in October, dropping 8.5% and falling for a record 12 straight weeks. Bloomberg also noted that China’s official manufacturing and non-manufacturing purchasing managers’ indexes fell back into contraction in October. **Read Also: Stock Market Today: Dow Jones, S&P 500, Nasdaq 100 Futures Rise Ahead of Apple, Palantir Earnings; RYAAY, USLM, INO in Focus (UPDATED)** ## BABA, PDD, JD Trade Higher **Price Action:** At the time of publication, Alibaba stock is trading 5.70% higher at $103.63, PDD shares are trading 5.41% higher at $82.87, and JD shares are trading 3.23% higher at $26.51, according to data from Benzinga Pro. *Image via Shutterstock* ### Related Stocks - [JD.US](https://longbridge.com/en/quote/JD.US.md) - [PDD.US](https://longbridge.com/en/quote/PDD.US.md) - [BABC.US](https://longbridge.com/en/quote/BABC.US.md) - [BABO.US](https://longbridge.com/en/quote/BABO.US.md) - [BABU.US](https://longbridge.com/en/quote/BABU.US.md) - [BABW.US](https://longbridge.com/en/quote/BABW.US.md) - [BABX.US](https://longbridge.com/en/quote/BABX.US.md) - [BBYY.US](https://longbridge.com/en/quote/BBYY.US.md) - [KBAB.US](https://longbridge.com/en/quote/KBAB.US.md) - [KJD.US](https://longbridge.com/en/quote/KJD.US.md) - [KPDD.US](https://longbridge.com/en/quote/KPDD.US.md) - [PDDL.US](https://longbridge.com/en/quote/PDDL.US.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) ## Related News & Research - [CLSA Foresees BABA-W Earnings Rebound; Cloud Profitability to Turn Meaningful](https://longbridge.com/en/news/304574606.md) - [Alibaba Schedules Board Meeting to Review Quarterly, Half-Year Results](https://longbridge.com/en/news/304609955.md) - [What Investors Got Wrong About PDD Before The Drop](https://longbridge.com/en/news/304680140.md) - [PDD (NASDAQ:PDD) Stock Sees Heavy Call Option Buying](https://longbridge.com/en/news/304012714.md) - [China’s JD.Com Puts Embodied AI at Core of Strategic Layout, Technical Committee Chief Says](https://longbridge.com/en/news/304388881.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**