3 Rising China-Based Stocks for Investors to Monitor

Group 1: Baidu Inc (BIDU) - Baidu Inc's stock increased by 2.1%, trading at $99.99, driven by rising demand for robotaxis [1] - BIDU reached its highest level since late May, bouncing back from a 52-week low of$86.87 on July 7 [1] - The stock is on track for its third consecutive daily gain and is aiming for its first close above the 80-day moving average in over a month, although it remains down 15.7% for 2024 [1] Group 2: Alibaba Group Holding Ltd (BABA) - Alibaba's shares rose by 3% to $78.31, bouncing off the$70 level, which had previously contained a pullback from a May rally [1] - The stock is also looking for its third consecutive win and a close above the 80-day trendline, despite a year-over-year deficit of 16% [1] - BABA managed to swing above its year-to-date breakeven today [1] Group 3: JD.com Inc (JD) - JD.com's stock is facing pressure at its 80-day trendline, with the $36 level capping its May rally [2] - A familiar support level at$25 has prevented further losses, but the stock has dropped 24.5% over the past 12 months [2] - JD.com carries a slim 2.1% deficit so far this year [2]