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| HSI1 | 25,277.32 | -223.26 | 342.52B |
| HSCEI1 | 8,574.07 | -121.81 | 125.49B |
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2026-03-20 15:47:28 BABA-W (09988.HK) has announced its 3QFY26, or 4Q25, results, with revenue increasing by 1.7% YoY to RMB284.8 billion, according to a report from CICC. On a comparable basis, BABA-W's revenue (excluding the impact of asset disposals) grew by 9% YoY, which was below expectations due to underperformance in both China and international e-commerce. Investments in Taobao Instant Commerce and the drag from e-commerce also reduced the adjusted EBITA by 57.3% YoY to RMB23.4 billion. CICC has reduced its target price for BABA-W by 13% to HKD172 but kept the Outperform rating unchanged. ~ AAStocks Financial News Web Site: www.aastocks.com | |