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<Research>CCBI Cuts BABA-W's TP to HKD146.1; Intensified Investment in Instant Retail to Impact Earnings in ST
As competition in China's food delivery and instant retail market is getting more and more intensified, BABA-W (09988.HK) (BABA.US) has announced plans to invest RMB50 billion ...
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<Research>CCBI Cuts BABA-W's TP to HKD146.1; Intensified Investment in Instant Retail to Impact Earnings in ST
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As competition in China's food delivery and instant retail market is getting more and more intensified, BABA-W (09988.HK)  +0.300 (+0.264%)    Short selling $2.59B; Ratio 15.531%   (BABA.US)      has announced plans to invest RMB50 billion over the next 12 months to ramp up subsidies for merchants and consumers of Taobao Instant Commerce, according to a report from CCBI.

In CCBI's estimate, BABA-W's increased investment in its instant retail business will impact its earnings performance in the short term.

Related NewsM Stanley Lowers JD.com (JD.US)'s TP to USD28; Impact of Food Delivery War Most Significant in 2Q25
The broker cut its target prices for BABA-W's H-shares from HKD160.6 to HKD146.1 and for its US shares from USD164.7 to USD149.8, both with an Outperform rating maintained.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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