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<Research>Citi Lists Capex Forecast for Alibaba, Tencent, Baidu for 2025-27 (Table)
Recommend 4 Positive 12 Negative 4 |
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Citi released its 2026 outlook report for Chinese dotcoms, listing capex forecasts for BABA-W (09988.HK), TENCENT (00700.HK), and BIDU-SW (09888.HK) from 2025 to 2027: Stock | Capex Forecast for 2025 (RMB) | Capex Forecast for 2026 (RMB) | Capex Forecast for 2027 (RMB) BABA-W (09988.HK) | RMB126.8 billion | RMB144 billion | RMB143.8 billion TENCENT (00700.HK) | RMB72.9 billion | RMB84 billion | RMB103 billion BIDU-SW (09888.HK) | RMB8.2 billion | RMB8.3 billion | RMB8.7 billion -------------------------------------------------------------------- The broker also forecast the percentage of capex to operating cash flow for Alibaba, Tencent, and Baidu in 2027: Stock | Forecasted Capex to Operating Cash Flow in 2027 Alibaba | 69% Tencent | 25% Baidu | 21% AAStocks Financial News |
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