The Bloomberg article discusses how Chinese stocks are facing pressure due to fiscal stimulus measures that have underwhelmed market expectations. Given this context, could you provide your professional opinion on how this development might influence the stock prices of major Chinese companies, such as Alibaba Group Holding Limited (ticker: BABA) and Tencent Holdings Limited (ticker: TCEHY)? Specifically, do you anticipate an increase or decrease in their stock prices, and by what percentage?

The development of Chinese stocks facing pressure due to fiscal stimulus measures that have underwhelmed market expectations is likely to have a negative impact on the stock prices of major Chinese companies like Alibaba Group Holding Limited (BABA) and Tencent Holdings Limited (TCEHY).

The anticipated percentage decrease in BABA and TCEHY's stock prices is 2-5%, considering the following points:

1. **Disappointing Fiscal Stimulus**: The lack of aggressive or growth-boosting fiscal measures may lead to concerns about the effectiveness of China's stimulus package, causing investors to reassess their positions. This could result in a 2-3% decrease in BABA and TCEHY's stock prices.
2. **Market Sentiment**: The negative sentiment surrounding Chinese stocks could spill over to individual companies like Alibaba and Tencent, leading to a sell-off and a 3-5% decrease in their stock prices.
3. **Economic Uncertainty**: The underwhelming fiscal stimulus measures may exacerbate existing economic concerns, such as slowing growth and deflationary pressures, which could further weigh on investor confidence and contribute to a decrease in BABA and TCEHY's stock prices.

While it's difficult to predict the exact percentage change, the combination of these factors suggests that BABA and TCEHY's stock prices will likely experience a decline today. Investors should monitor the situation closely and consider the potential long-term impacts on the companies' business and financial performance.

**Note**: The percentage changes mentioned are estimates and are based on the analysis provided. Actual stock price movements may vary depending on various factors such as market conditions, investor sentiment, and industry trends.