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alibaba (09988.HK) investment rating and target price (table)
Alibaba (09988.HK) is expected to announce its performance for the second quarter ending in September this Friday (the 15th). The impact of macroeconomic challenges in the mainland, technical service fees affecting GMV performance, industry competition, continuous investment in platforms like Taobao's '88VIP', as well as the narrowing of losses in businesses such as Taotie and Taocai have weakened the bullish profit base. According to the compilation of forecasts from 9 brokerages, Alibaba's non-GAAP net profit for the second quarter of the fiscal year 2025 ending in September this year is expected to range between 35.311 billion and 42.415 billion RMB, compared to 40.188 billion RMB in the second quarter of the fiscal year 2024, a decrease from the previous year.
Dah Sing expects alibaba's (09988.HK) second-quarter performance forecast at the end of September (Table).
Morgan Stanley released a report at the beginning of last month, listing the performance forecast for alibaba (09988.HK) for the second quarter of the 2025 fiscal year ending in September: Performance Items │ 2025 Fiscal Year Second Quarter Forecast (Quarter ending September this year) │ Year-on-year Revenue Growth Consolidated Income │ 236.751 billion RMB │ +5.3% - Taotian Group Revenue │ 98.685 billion RMB │ +1.1% - Customer Management Revenue │ 70.378 billion RMB │ +2.5% - Cloud Intelligence Group Revenue │ 29.86 billion RMB │ +8% - Local Life Group Revenue │ 17.432 billion RMB
Express News | Alibaba Cloud releases the Qwen2.5-Coder code model for thousands of questions.
Alibaba Cloud provides over 1 million cores of CPU resources on the public cloud to support Tmall's november 11 shopping festival-related.
Alibaba Cloud announced that following the full migration of Tmall's november 11 shopping festival-related to the cloud, this year it provided over 1 million core CPU resources on the public cloud to support Tmall’s november 11 shopping festival-related activities, breaking records in elastic scaling. Through a series of technological innovations, achieving real-time elasticity in cloud computing without the need to pre-order computing power, and achieving an on-demand approach, marking the first time that the instant elasticity of cloud computing has been increased to the level of millions of cores. Relying on the continuously updated full-stack cloud computing technology, the cloud infrastructure processor CIPU was first extensively utilized in Tmall's november 11 shopping festival-related. Alibaba Cloud stated that the november 11 shopping festival-related over the years has been a comprehensive test of IT technology, and the peak order creation of Tmall's november 11 shopping festival-related occurred in
Alibaba (09988.HK) Taobao's orders with super subsidies exceeding 10 billion yuan during the november 11 shopping festival have surpassed 0.15 billion.
Alibaba-W(09988.HK)(BABA.US) stated that the Taobao's channel, which focuses on major brands offering 'good products at good prices,' is becoming a new growth engine for brands. This year, during the Tmall november 11 shopping festival, the group has upgraded to 'hundred billion super subsidies.' As of yesterday (11th) midnight, the order volume of Taobao's hundred billion super subsidies has exceeded 0.15 billion, with a 50% year-on-year increase in the number of orders, driving the transaction volume of industries such as home appliances, audiovisual electronics, beauty, personal care, clothing, sports and outdoor, home improvement, and others to grow by more than double. More than 100 hot-selling items from brands have exceeded 0.1 billion RMB in transaction volume. In addition, platform live streaming
Hong Kong stocks fluctuate | Weakness in network technology stocks drags down the Hengqiang index by more than 3%, while the strong US dollar puts short-term pressure on Hong Kong stocks. Several leading internet companies will release their financial res
Network technology stocks widened losses in the afternoon, dragging down the Hang Seng Tech Index by over 3%. As of the time of publication, Alibaba-W (09988) fell by 3.4%, closing at 90.9 Hong Kong dollars; Tencent (00700) dropped by 1.89%, closing at 405.4 Hong Kong dollars; Kingsoft (03888) fell by 5.2%, closing at 29.15 Hong Kong dollars.
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