Alibaba’s share price has pulled back from its peak due to global trade tension concerns. Share price has corrected from recent highs Alibaba’s share price has been volatile in 2025, initially surging over 70% on optimism around its advancements in artificial intelligence, particularly the launch of its Qwen model. However, recent global trade tensions and tariff concerns have pulled the stock back by around 20% from its peak. Despite these macro headwinds, Alibaba’s fundamentals remain resilient, and the group continues to execute well across its key businesses. Domestic focus limits trade war exposure Alibaba’s operations remain predominantly domestic, with China accounting for 87% of its total revenue and contributing 100% of its profitability. International businesses, including Trendyol in Turkey and Lazada in Southeast Asia, are still in their expansion phases and contribute operating losses. As a result, Alibaba’s direct exposure to tariffs or disruptions in US-China trade flows is expected to be limited....