Alibaba, BYD Could Get Boost After Xi Meeting. Why Beijing’s Private Sector Shift Is Important. - Barron's
1. Xi Jinping's speech signals renewed support for the private sector. 2. Alibaba's CEO Jack Ma's participation indicates potential policy shift. 3. Analysts believe stimulus is essential for rebuilding investor confidence. 4. Primary beneficiaries could include Alibaba with pending Ant IPO approval. 5. Market optimism driven by Xi's words requires action to sustain gains.