News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>G Sachs Cuts BABA-W's TP to HKD146, Chops Earnings Forecasts on Increased Investment in Food Delivery & Instant Shopping
BABA-W (09988.HK) was lackluster this morning (3rd). It opened 0.5% lower and once slipped by 3.8% to an intraday low of HKD105.2. It last traded at HKD106, down 3.1%, with a turno...
Reset
Send
The window will close in 5 seconds
<Research>G Sachs Cuts BABA-W's TP to HKD146, Chops Earnings Forecasts on Increased Investment in Food Delivery & Instant Shopping
Close
Recommend
40
Positive
54
Negative
38
 
SHORT SELL
 
STOCK INFO

BABA-W (09988.HK)  -1.100 (-1.036%)    Short selling $1.26B; Ratio 11.309%   was lackluster this morning (3rd). It opened 0.5% lower and once slipped by 3.8% to an intraday low of HKD105.2. It last traded at HKD106, down 3.1%, with a turnover of HKD7.873 billion.

Alibaba (BABA.US)      has already fallen by 16% over the past month, according to a report from Goldman Sachs. The broker summarized investors' main concerns regarding: (1) the strategic restructuring of Ele.me and Fliggy into the China e-commerce business group; (2) the latest developments in Taobao Instant Commerce and the competitive landscape of instant retail; and (3) Alibaba's performance during the 618 shopping festival.

Related NewsBOCOMI Lists Southbound Funds' Position Distribution/ Allocation Concentration in Various Sectors of HK Stocks (Table)
Considering its vigorous business momentum but increased investment in its food delivery and instant retail businesses, Goldman Sachs lowered its FY26-28 EPS forecasts for Alibaba by 4-13%, while raising its FY26-28 revenue forecasts by 2-4%.

The broker cut its target price for Alibaba's US shares from USD159 to USD150 and for its H-shares from HKD154 to HKD146, with a Buy rating remaining in place.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.