BABA-W (09988.HK) -5.500 (-4.267%) Short selling $1.36B; Ratio 7.556% experienced continued volatility in its cloud business EBITA margin for the fiscal quarter ended March, though the CMR and cloud revenue for the last quarter still exceeded expectations, according to a report from Daiwa.With the growing demand for inference and the launch of the leading Tongyi Qianwen LLM series, Alibaba Cloud is expected to continue expanding its market share in the coming years. Daiwa believed that while ongoing investment in instashopping may cause some market concerns in the short term, it will ultimately benefit TTG and local services in the long run.Related NewsBABA-W Last FQ Non-GAAP NP Grows 22% to RMB29.85B; Adj. EBITA Up 36% In LineDaiwa reiterated a Buy rating on BABA-W but cut the target price from HKD175 to HKD170.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.)