4 Top China Tech Stocks Rally Amid Bargain Hunting By Scalper1 | February 16, 2016 0 Comment Scalper1 News alt : http://feedproxy.google.com/~r/InternetTechnologyRss/~5/YmKBCOT32Vk/Tech_021616_China_BIDU_BABA_NTES_CTRP_GRPN_sd.mp4http://feedproxy.google.com/~r/InternetTechnologyRss/~5/YmKBCOT32Vk/Tech_021616_China_BIDU_BABA_NTES_CTRP_GRPN_sd.mp4 Loading the player… Despite ongoing concerns of slowing growth in China, U.S.-listed Chinese stocks are rising in big volume today as global markets rally and some investors hunt for bargains. Let’s take a look at four Chinese tech stocks that are making notable moves: NetEase ( NTES ), Ctrip ( CTRP ), Alibaba ( BABA ) and Baidu ( BIDU ). NetEase jumped 9.7% in heavy volume to retake the critical 200-day line. The stock hit resistance at that level on Friday. Shares are now trading about 18% below their high reached at the end of last year. The gaming company reports quarterly results next Wednesday. Analysts expect earnings to rise 30%. Travel booking site Ctrip also climbed in big volume, rising 7.7%. The stock is now above its 200-day line and trading about 30% below its intraday high reached in November. Alibaba’s 9.8% quick-turnover pop put the shares back above their 10-day line. The stock is still trading below its 50-day and 200-day lines, however, which recently crossed in a bearish manner. Alibaba is trading 29% below its 52-week high. The Chinese e-commerce giant disclosed a 5.6% stake in Groupon ( GRPN ) on Friday, which has sent the discount deal provider’s shares skyrocketing 41%. Groupon reported better-than-expected quarterly earnings last Thursday. And search leader Baidu gapped up in fast trade early in the day, but the stock pared more than half of its gains and was up 4%. Shares are about 30% below their 52-week peak. Baidu is looking at an offer from two executives to buy its 80% stake in online video platform iQiyi in a deal valued at $2.8 billion. Scalper1 News Scalper1 News Related posts: Facebook And Amazon Lead 5 Top Tech Stocks On The Move This FANG Stock Just Tripped A Very Bearish Signal Does China Still Need U.S. Tech? Google Tiff Highlights Evolution Tesla Stock Continues To Lose Spark, Tumbles To 2-Year Low