Alibaba Earnings Preview: AI Surge and Turnaround Catalysts in Focus

Moomoo News GlobalFeb 17 04:36 ET

China's Terrific Ten Are Beating Mag 7. Will the Current Momentum Carry On?

In One ChartFeb 17 09:42 ET

Hong Kong Stock Midday Review | Hang Seng Index rose 2.06% in the morning session, with the AI application sector continuing to strengthen.

Lithium stocks rebounded in the morning, the widespread adoption of smart driving is Bullish for the long-term electric vehicle market, and Institutions say that lithium prices are maintaining an overall bottoming pattern.

Zhitong Finance23:00 ET

Earnings Reports Outlook | UBS Group expects Alibaba (BABA.US) Q3 revenue to grow by 5.5% year-on-year. Proper execution of the Global Strategy will release long-term value.

Alibaba will announce its earnings on February 20 before Pre-Market Trading, with UBS Group estimating its revenue for the third quarter of fiscal year 2025 to be 274.557 billion yuan (RMB, the same below), a year-on-year increase of 5.5% and a quarter-on-quarter increase of 16.1%, slightly lower than the market consensus expectation of 278.779 billion yuan.

Zhitong Finance22:15 ET

Express News | OpenAI Might Be About to Open Source a Certain Big Model

Moomoo 24/721:50 ET

Hong Kong stocks movement | ALI HEALTH (00241) surged nearly 9% during the session. Institutions indicate that the company can utilize its parent company's foundational large model to promote the development of its Pharmaceutical E-commerce Business.

ALI HEALTH (00241) rose nearly 9% during the session and has accumulated a rise of over 60% in February. As of the time of writing, it is up 7.3%, priced at 6.03 Hong Kong dollars, with a transaction volume of 1.737 billion Hong Kong dollars.

Zhitong Finance21:47 ET