Alibaba and other Chinese stocks are rising again. Why long-term profits can be harder.

Chinese stocks rose for a second day on Tuesday after Beijing ushered in stimulus measures that boosted capital markets. While short-term gains will be welcome for Alibaba and others, they cannot overcome the longer-term gloom about China’s economy. US-listed shares of e-commerce giant Alibaba (ticker: BABA) were up 0.7% in premarket trading on Tuesday, after … Read more