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| HSI1 | 25,768.08 | -291.77 | 370.55B |
| HSCEI1 | 8,608.71 | -93.20 | 113.69B |
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2026-03-03 16:22:55 Goldman Sachs has released a report adding Alibaba (BABA.US) to and removing HORIZONROBOT-W (09660.HK) from its APAC Conviction List. MAO GEPING (01318.HK) and GUMING (01364.HK) are also on this list. In its report, Goldman Sachs wrote that Alibaba is expected to achieve robust YoY EPS growth of 31% and 36% in FY27 and FY28 despite its temporarily squeezed earnings for 2HFY26 ending in March, since it benefits from its continued leadership in China's AI and cloud business (with cloud growth expected to accelerate further) and the recovery in its e-commerce business in China with losses in its instant retail business narrowing recent quarters. Goldman Sachs believes the current valuation doesn't fully reflect Alibaba's comprehensive AI deployment and the potential of its international cloud business. ~ AAStocks Financial News Web Site: www.aastocks.com | |