CLSA released a research report forecasting BABA-W (09988.HK) +2.100 (+1.728%) Short selling $824.69M; Ratio 10.428% (BABA.US) to post solid growth in 4FQ ended March, with total revenue growing 8% YoY to RMB237 billion and adjusted EBITA hiking 32.5% YoY to RMB32 billion. Supported by the trade-in policy and higher commission rates, China's CMR is likely to maintain a high single-digit growth, while the international business is expected to continue to expand rapidly, with a possible loss reduction.Related NewsUOB Kay Hian: Buy List Adds BABA-W, INNOVENT BIO, TRIP.COM-SDriven by strong demand for AI products, CLSA estimated the growth of Alibaba Cloud business to accelerate further in the last fiscal quarter, with revenue rising 18% YoY to RMB30.2 billion and profit margin remaining stable. Therefore, the broker kept rating at High Conviction Outperform for BABA-W, with a target price of US$165 for its US stock.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-09 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)