The Zhitong Finance App learned that Dahua Jixian released a research report saying that after Alibaba-W (09988.HK) ended its first fiscal quarter results briefing at the end of June, its views on Ali became more positive. The core message is that local e-commerce and cloud businesses are better than expected, and the competitive landscape continues to ease, supporting improved profitability. In addition to short-term profits, Ali is expanding the AI ecosystem through data centers, AI to empower Alipay, Qianwen chatbots, and cooperation with leading AI laboratories. Maintaining the “buy” rating, the target price for H shares rose slightly from HK$188 to HK$190, and the target price for US shares in Ali (BABA.US) rose to $194.

The Zhitong Finance App learned that Dahua Jixian released a research report saying that after Alibaba-W (09988.HK) ended its first fiscal quarter results briefing at the end of June, its views on Ali became more positive. The core message is that local e-commerce and cloud businesses are better than expected, and the competitive landscape continues to ease, supporting improved profitability. In addition to short-term profits, Ali is expanding the AI ecosystem through data centers, AI to empower Alipay, Qianwen chatbots, and cooperation with leading AI laboratories. Maintaining the “buy” rating, the target price for H shares rose slightly from HK$188 to HK$190, and the target price for US shares in Ali (BABA.US) rose to $194.