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 NewsUBS Lists Stocks w/ Highest Net Inflows of Southbound Funds YTD (Table)Driven 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.)