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Express News | Reuters Next - Alibaba's Zhang Says Money Made From AI Justifies the Investment Into the Technology
Morgan Stanley gives Alibaba-SW a "shareholding" rating and a target price of HKD 95.
JPMorgan released a research report stating that it gives a "shareholding" rating to Alibaba-SW (09988), and believes that the current stock price does not reflect the improvement of the underlying fundamentals, especially in the domestic e-commerce field, with a target price of HKD 95. The bank expects that Alibaba's stock price will maintain a range of fluctuations in the next 3 to 6 months, as its financial situation still faces the early stage of investment cycle. The bank believes that if the company can complete its major listing in Hong Kong, it will be included in the Hong Kong Stock Connect as early as September, and it is believed that there are many catalysts for the stock price to rise. In addition, it is also expected that Alibaba's total commodity trading volume (GMV) for the quarter ended in June will achieve a high unit.
Express News | Reuters Next - Alibaba Group Vice President Kaifu Zhang Says China Is on Par With the U.S. in the Rate of Innovation of AI Models
Alibaba Group To Meet Revenue Estimate for June Quarter, Jefferies Says
Jefferies said Alibaba Group Holding (HKG:9988) is on track to meet estimated total revenue growth of 7% annually to 250 billion yuan in the quarter ending June, according to a research note published on Monday.
Alibaba Group Target Price Raised to $116.00 From $114.00 by Jefferies >BABA
Alibaba Group Target Price Raised to $116.00 From $114.00 by Jefferies >BABA
Alibaba's Domestic E-Commerce Segment Shifts Focus to Price Competitiveness -- Market Talk
0828 GMT - As Alibaba Group's Taobao platform shifts focus toward value-for-money products and price competitiveness, Nomura analysts estimate the domestic e-commerce segment's gross merchandise value