Jefferies issued a research report expecting BABA-W (09988.HK) +2.600 (+2.116%) Short selling $1.33B; Ratio 13.415% 's cloud business to continue strong growth and accelerate in the March quarter. The broker believed that MaaS will be the key growth driver over the next 5 years, with the recent launch of Happy Horse (text-to-video) achieving success.Therefore, Jefferies kept rating at Buy on BABA-W, and slashed its target prices for BABA-W's US stock/ H-shares from US$212/ $206 to US$185/ $179.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)Related News M Stanley: Alibaba (09988.HK) Cloud Business Growth Acceleration Key Share Price Catalyst, Rated Overweight
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