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阿里巴巴集团获利增长可能受监管审查打击--市场谈话
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-野村证券(Nomura)表示，阿里巴巴集团的收益增长可能会受到监管审查的影响，这反过来可能会对其营销支出构成压力。这家日本投资银行预计，2022年第一季度营收将同比增长33%，比最近的其他市场预期低5%。野村证券(Nomura)将2021财年和2022财年的营收预期分别下调了3%，因为今年到目前为止，中国电子商务市场增长已进入放缓模式，这主要是由于去年被压抑的需求基数较高。该行维持对阿里巴巴ADR的买入评级和目标价285.00美元。美国存托凭证尾盘收低1.9%，报217.75美元。(yi wei.wong@wsj.com)
(END) Dow Jones Newswires
(完)道琼通讯社
July 05, 2021 01:20 ET (05:20 GMT)
美国东部时间2021年7月5日01：20(格林尼治标准时间05：20)
Copyright (c) 2021 Dow Jones & Company, Inc.
版权所有(C)2021年道琼斯公司