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| HSI1 | 26,608.48 | +376.69 | 306.22B |
| HSCEI1 | 9,220.08 | +171.55 | 121.14B |
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2026-01-09 14:27:30 While BABA-W (09988.HK)'s cloud business growth is expected to further accelerate in 2026, its customer management revenue growth will likely slow due to a high base and macroeconomic factors, HSBC Research wrote in its report. The narrowing of losses in BABA-W's quick commerce is progressing well, and the company is committed to expanding its market share in 2026. Upbeat about BABA-W's leadership in the AI sector and robust cloud business growth prospects, HSBC Research has kept a Buy rating on the company's US shares (BABA.US) but cut its target price from USD205 to USD193. ~ AAStocks Financial News Web Site: www.aastocks.com | |