Goldman Sachs issued a research report cutting its target price for ALI HEALTH (00241.HK) -0.010 (-0.215%) Short selling $125.18M; Ratio 32.989% from $5.2 to $4.8, with rating at Neutral, to reflect the impact of increased investment in AI and pharmaceutical categories on profitability.ALI HEALTH's share price has only fallen 3% YTD, outperforming the HSTECH's 11% decline, mainly supported by growth expectations and the potential of AI healthcare, the report added. Related NewsCLSA Cuts ALIBABA HEALTH INFORMATION TECHNOLOGY (00241.HK) TP to HKD5.3, Rates OutperformHowever, the broker projected the Company's 2H26 profit to drop slightly, reversing the profit expansion trend in 1H26, primarily due to higher investment in AI initiatives and more discounts on original drugs to cope with competition. AI investment is estimated to continue through FY2027.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)
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