Why did Alibaba shares climb 11% Tuesday? Investors liked what Biden and Xi had to say

Nov. 15, 2022 4:48 PM ETAlibaba Group Holding Limited (BABA), BIDU, BILINTES, TCEHY, KWEB, JDBy: Rex Crum, SA News Editor12 Comments

China-Based Internet Company Alibaba Debuts On New York Stock Exchange

Andrew Burton/Getty Images News

  • Alibaba (NYSE:BABA) shares surged more than 11% Tuesday, with its gains standing out among Chinese Internet stocks that rallied following talks held between U.S. President Joe Biden and Chinese leader Xi Jinping at the G-20 summit in

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