Alibaba Heads China's "Fantastic Ten" Set to Challenge the Magnificent Seven, Report Reveals

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Despite the challenges faced by the Magnificent Seven stocks in finding traction during 2025, China’s acclaimed Terrific Ten have continued to perform well, as stated in a report from Barron's.

The Fantastic Ten includes Alibaba Group ( NYSE: BABA ), Tencent ( OTCPK:TCEHY ), Meituan ( OTCPK:MPNGF ), Xiaomi ( OTCPK:XIACF ), JD.com ( NASDAQ: JD ), NetEase ( NASDAQ: NTES ), Baidu ( NASDAQ: BIDU ), BYD, Geely ( OTCPK:GELYF ) and SMIC.

The emergence of DeepSeek DEEPSEEK The report shows that ) illustrated how artificial intelligence models can now be created at lower costs, which has sparked a surge in technology investments in China.KraneShares CSI China Internet ETF ( NYSEARCA: KWEB ) that includes many of the stocks from the Terrific 10, possesses jumped 24% so far this year. In the meantime, the Roundhill Magnificent Seven ETF ( BATS: MAGS ) has declined 12% .

YT Boon, who leads the thematic investment strategy for Asia at Neuberger Berman, informed Barron's that among these companies, he favors Xiaomi because they manufacture both smartphones and autonomous electric vehicles.

He mentioned that there is still considerable potential for expansion. They continue to hold an edge in their domestic market, which happens to be quite substantial.

He also mentioned that he isn’t worried about a trade war because numerous Chinese firms depend more on domestic buyers within China instead of sales to the US.

More on Alibaba, Baidu and Tencent

  • Baidu: AI Expansion and Indications of Stabilization Strengthen an Optimistic Outlook
  • Baidu: We've Witnessed a Business of this Kind Previously
  • Baidu: The Opportunity Cost Is Still too Elevated Despite Advances In AI Cloud And Robotic Taxis
  • Ubisoft is dividing its top-game division, with Tencent acquiring a 25% share.
  • Trump says he may reduce tariffs for China to close TikTok deal

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