BABA-W (09988.HK) +1.100 (+0.969%) Short selling $1.71B; Ratio 15.246% (BABA.US) will announce its 1FQ26 results in August, HSBC Global Research issued a research report saying. Driven by increased investment in instant retail, the broker remained confident in the growth prospects of the Group's CMR, and expected GMV market share to stabilize and monetization rate to continue improving. Due to increased investment in food delivery and instant retail, HSBC Global Research currently forecasted BABA-W's 1FQ26 revenue to grow by 4% YoY, with cloud business revenue expected to incline by 23%. Adjusted EBITA is anticipated to decline by 15% YoY to RMB38.3 billion, with the profit margin dropping by 3.4 ppts to 15%.Related NewsCMS: TPs for Alibaba/ Meituan/ JD.com Cut as Intensified Competition Dents Earnings VisibilityDriven by strong AI demand, HSBC Global Research projected cloud business revenue growth to exceed 20% in FY2026, and kept rating at Buy for BABA-W. The broker chopped its target price for BABA-W's US stock from US$176 to US$150.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)