Alibaba Group's Earnings Growth Could Be Hit by Regulatory Scrutiny -- Market Talk
Alibaba Group's Earnings Growth Could Be Hit by Regulatory Scrutiny -- Market Talk
DJ Alibaba Group's Earnings Growth Could Be Hit by Regulatory Scrutiny -- Market Talk
DJ阿里巴巴集團獲利增長可能受監管審查打擊--市場談話
0520 GMT - Alibaba Group's earnings growth could be dented by regulatory scrutiny, which could in turn pressure its marketing spend, Nomura says. The Japanese investment bank expects revenue to rise 33% on year in 1Q FY 2022, which is 5% below other recent market expectations. Nomura cuts its revenue estimates by 3% each for FY 2021and FY 2022as China's e-commerce market growth has entered a slowdown mode in the year to date, largely due to a high base last year amid pent-up demand. The bank maintains its buy rating and target price of $285.00 on Alibaba's ADRs. ADRs last closed 1.9% lower at $217.75. (yiwei.wong@wsj.com)
0520GMT-野村證券(Nomura)表示，阿里巴巴集團的收益增長可能會受到監管審查的影響，這反過來可能會對其營銷支出構成壓力。這家日本投資銀行預計，2022年第一季度營收將同比增長33%，比最近的其他市場預期低5%。野村證券(Nomura)將2021財年和2022財年的營收預期分別下調了3%，因為今年到目前為止，中國電子商務市場增長已進入放緩模式，這主要是由於去年被壓抑的需求基數較高。該行維持對阿里巴巴ADR的買入評級和目標價285.00美元。美國存託憑證尾盤收低1.9%，報217.75美元。(yi wei.wong@wsj.com)
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July 05, 2021 01:20 ET (05:20 GMT)
美國東部時間2021年7月5日01：20(格林尼治標準時間05：20)
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