--- title: "U.S. stock night trading volatility: The end of the government shutdown and dual benefits of earnings expectations, Alibaba rises 3.95% in night trading" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/265652013.md" description: "Alibaba rose 3.95% in the after-hours market; Amazon rose 0.30% in the after-hours market, with a trading volume of USD 11.02 million; JD.com rose 1.63% in the after-hours market, with a trading volume of USD 6.17 million; Pinduoduo rose 0.89% in the after-hours market, with a trading volume of USD 3.28 million" datetime: "2025-11-13T06:43:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/265652013.md) - [en](https://longbridge.com/en/news/265652013.md) - [zh-HK](https://longbridge.com/zh-HK/news/265652013.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/265652013.md) | [English](https://longbridge.com/en/news/265652013.md) # U.S. stock night trading volatility: The end of the government shutdown and dual benefits of earnings expectations, Alibaba rises 3.95% in night trading **U.S. Stock Night Market Movements** Alibaba rose 3.95% in the night market. Based on recent key news: 1. On November 11, the U.S. Senate passed a temporary funding bill, ending the government shutdown and boosting market confidence, leading to a 2.061% increase in Alibaba's stock price. Source: Zhitong Finance 2. On November 12, Alibaba will announce its quarterly results on November 25, with positive market expectations driving the stock price up. Source: Company announcement 3. On November 11, J.P. Morgan analysts maintained a buy rating on Alibaba with a target price of $240, enhancing market confidence. Source: Bloomberg. Macroeconomic improvements have led to optimistic market sentiment. **Stocks with High Trading Volume in the Industry** Amazon rose 0.30% in the night market. Based on recent key news: 1. On November 10, the U.S. government was close to ending the shutdown, improving market sentiment, and Amazon's stock price rose over 2%. The Dow Jones rose 343 points, the S&P 500 rose 83 points, and the Nasdaq rose 456 points, with tech stocks generally rising. Source: Zhitong Finance 2. On November 13, Chinese tax authorities required Amazon to submit sales data to combat tax evasion. This move may affect Amazon's business operations in China and increase tax burdens. Source: Bloomberg 3. On November 11, Amazon's Q3 financial report showed accelerated growth in AWS, with 40 Wall Street analysts raising their target prices, leading to optimistic market sentiment regarding its growth prospects. Source: Zhitong Finance. Tech stocks generally rose, and market sentiment improved. JD.com rose 1.63% in the night market. Based on recent news: 1. On November 12, JD.com's Double 11 shopping festival achieved a record high in transaction volume, with order volume increasing nearly 60% and user numbers growing by 40%. This impressive performance boosted market confidence and drove the stock price up. Source: Jinshi Data 2. On November 12, a Citigroup report pointed out that JD.com's AI-related products performed well during the Double 11 period, with sales of AI tablets increasing by 200% year-on-year, further enhancing investor confidence in JD.com's future growth. Source: Citigroup 3. On November 12, JD.com announced an upgrade to its national pavilion strategy, planning to add 50 national pavilions within the next year, achieving over 100% year-on-year growth in global sales and order volume. This expansion plan is seen as an important step in JD.com's internationalization strategy, driving the stock price up. Source: JD.com announcement. Tech stocks performed strongly overall, and market confidence increased. Pinduoduo rose 0.89% in the night market. Based on recent news: 1. On November 12, Krane Funds Advisors LLC significantly increased its holdings in Pinduoduo in Q3, showing investor confidence in its future growth. The company added 1.25 million shares of Pinduoduo, driving the stock price up. 2. On November 10, Pinduoduo showcased its cross-border e-commerce innovations at the Global Development Initiative Digital Cooperation Forum, emphasizing its direction of globalization and enhancing market expectations for its international business On November 12th, the Taiwan Affairs Office responded to Taiwan's restrictions on mainland e-commerce platforms operating locally, emphasizing the convenience and benefits of platforms like Pinduoduo, which, despite facing policy resistance, have high market recognition. 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