Alibaba, PDD Stocks Climb As China's Retail Sector Gains Despite US Tariffs

1. China's retail sales rose 6.4% year-on-year, boosting e-commerce shares. 2. Alibaba benefits from improved consumer momentum and investor sentiment. 3. The rise in retail sales exceeds analysts' expectations, signaling economic resilience. 4. Upcoming mid-year shopping festival may further stimulate Alibaba's sales. 5. Policy support helps revive domestic demand despite U.S. tariffs.