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next three to four quarters, driving a rerating of the company's Taobao and Tmall group, Daiwa analysts write in a note. Alibaba's 3Q results were better than expected, especially in terms of customer-management revenue, cloud revenue, they say. Since the company's higher capital expenditure compared with peers will enable it to gain stronger market share in the cloud business over the next few years, Daiwa sees scope for a rerating of Alibaba's cloud sector.It maintains buy rating for the stock and raises its target price to HK$165.00 from HK$140.00. Shares last at HK$136.90.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["09988","BABA"],"gpt_icon":1},{"id":"1196511389","title":"Chinese ADRs and ETFs Jump as Upbeat Earnings Lift Sentiment; Li Auto up 6%; Alibaba up 4%; XPeng up 3%; PDD Holdings up 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1196511389","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1196511389?lang=en_us&edition=fundamental","pubTime":"2025-02-21 13:31","pubTimestamp":1740115860,"startTime":"0","endTime":"0","summary":"Chinese ADRs and ETFs jumped in overnight trading. YINN rose 2%; Li Auto rose 6%; Alibaba rose 4%; Kingsoft Cloud, XPeng rose 3%; PDD Holdings rose 2%; NIO, and Baidu rose 1%.Chinese technology shares have been on a tear in recent weeks as local AI startup DeepSeek’s breakthrough prompted investors to re-evaluate the nation’s leading internet companies.Alibaba’s results are partly fueling the market’s Friday rally, said Bo Pei, an equity research analyst at US Tiger Securities. Xi’s meeting with","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LI","PDD","CNmain","TCOM","MCHI","CWEB","BABA","CQQQ","BIDU","HXC","FXI","ASHR","JD","VIPS","KBA","NIO","WB","KWEB","XPEV","EDU","RLX","NTES","YINN","TME","BEKE","DRAG","IQ","GOTU","BILI"],"gpt_icon":1},{"id":"2513695235","title":"Alibaba Soars 8% as Ryan Cohen Bets $1B Following Q3 Earnings Beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2513695235","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513695235?lang=en_us&edition=fundamental","pubTime":"2025-02-21 13:17","pubTimestamp":1740115044,"startTime":"0","endTime":"0","summary":"Chinese e-commerce retailer Alibaba ($BABA) stock spiked over 8% after billionaire investor Ryan Cohen increased his stake to approximately $1...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/alibaba-soars-8-as-ryan-cohen-bets-1b-following-q3-earnings-beat?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/alibaba-soars-8-as-ryan-cohen-bets-1b-following-q3-earnings-beat?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CHWY","BABA"],"gpt_icon":0},{"id":"2513607236","title":"Alibaba Could Be One of Winners in China's AI Race -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2513607236","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513607236?lang=en_us&edition=fundamental","pubTime":"2025-02-21 13:02","pubTimestamp":1740114120,"startTime":"0","endTime":"0","summary":"0502 GMT - Alibaba could be one of the winners in the China AI arms race, WedBush analysts say in a research note. GameStop CEO Ryan Cohen recently boosted his Alibaba stake to $1 billion to bet on the tech giant's AI potential. \"With Apple and Alibaba set to partner up we believe Alibaba could start to get the gateway for more strategic investors to make a bet on the China market,\" the analysts say. They think that it's \"a smart move\" that investors like Cohen are looking past U.S.-China trade tensions to grow their exposure to Alibaba and the China tech market, they say. WedBush thinks Alibaba is worth $500 billion and could expand its growth ecosystem with AI in the center over coming years.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0819121731.USD","HBBD.SI","LU0531971595.HKD","LU0608807433.USD","LU0650527681.SGD","LU0516422440.USD","LU0791591158.USD","BK4527","SGXZ90724238.SGD","LU0106252389.USD","BABA","LU0417516571.SGD","LU0449509016.USD","IE0003895053.USD","LU1048484197.HKD","LU2226246903.HKD","LU0359201885.HKD","IE00BMPRXR70.SGD","LU0502904849.HKD","09988","LU0791590937.USD","LU0823041008.USD","LU1115378108.SGD","HK0000306685.HKD","LU0244354667.USD","LU0132412106.USD","LU0348783233.USD","LU0828237510.HKD","LU1961090484.USD","SG9999001226.SGD","LU0320764243.SGD","IE00B0JY6N72.USD","LU0320764599.SGD","89988","LU1688375341.USD","BK4504","LU0052756011.USD","LU0348784397.USD","LU0868486357.SGD","LU1481107354.HKD","LU1770036033.HKD","LU0329678337.USD","BK4579","LU0516422952.EUR","LU0823413587.USD","LU0051755006.USD","HK0000306701.USD","BK4534","LU1807302812.USD","BK4538"],"gpt_icon":1},{"id":"2513233620","title":"ANALYSIS-China regulatory easing hopes brighten outlook for offshore equity fundraising","url":"https://stock-news.laohu8.com/highlight/detail?id=2513233620","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513233620?lang=en_us&edition=fundamental","pubTime":"2025-02-21 12:57","pubTimestamp":1740113834,"startTime":"0","endTime":"0","summary":"ANALYSIS-China regulatory easing hopes brighten outlook for offshore equity fundraising iQIYI, Black Sesame raised $500 million via equity deals this weekRevival comes after rise of DeepSeek, signs of regulatory easingChina offshore equity deals up more than 6 times in JanuaryDollar investments in startups clouded by regulatory scrutiny     By Kane Wu and Scott Murdoch. \"On the back of the rally, we expect to see more capital markets fundraising activities in the coming months, as well as acceleration of IPO execution in 2025,\" said UBS Asia vice-chair of global banking Mandy Zhu.INVESTOR INTEREST Offshore Chinese listing hopefuls include battery giant CATL 300750.SZ, which this month filed for a Hong Kong listing that could raise at least $5 billion, frozen food company Anjoy Foods 603345.SS and online health services firm WeDoctor.\"Global in","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250221:nL3N3PA0A9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0880133367.SGD","LU1781817850.SGD","BK4575","EVS.SI","BK4574","LU0051755006.USD","BK4207","LU0302445910.USD","LU0328353924.USD","LU0039217434.USD","LU0918141705.HKD","BK4566","LU2580892862.HKD","LU0072913022.USD","LU0128525689.USD","LU0455707207.USD","LU1064131003.USD","LU1048596156.SGD","LU0164865239.USD","IE00BFMHRM44.USD","LU0823414478.USD","LU0477156953.USD","LU0501845795.SGD","BK4535","BK4543","09988","LU0320765646.SGD","LU1303224171.USD","LU1969619763.USD","LU2125154935.USD","LU0531971595.HKD","LU1794554557.SGD","300750","BK4531","LU0107464264.USD","LU0828237510.HKD","LU1688375341.USD","LU0823414551.USD","603345","LU1668664300.SGD","LU0173614495.USD","02533","LU0607220059.USD","IQ","LU0162691827.USD","BABA","LU1008478684.HKD","LU0287142896.SGD","LU1282648689.USD"],"gpt_icon":1},{"id":"2513236429","title":"Alibaba Likely to Benefit From Wider AI Adoption -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2513236429","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513236429?lang=en_us&edition=fundamental","pubTime":"2025-02-21 12:51","pubTimestamp":1740113460,"startTime":"0","endTime":"0","summary":"0451 GMT - Alibaba is likely to benefit from wider AI adoption, according to Citi analysts in a research note. The e-commerce giant guided significantly stepped-up capital expenditures with the amount for the next three years to exceed total capital expenditures spent over the past 10 years, which could be around 300 billion yuan in total, Citi analysts say. \"Being the Asia No. 1 and world No. 4 cloud service provider and having developed the proprietary foundation model Qwen family, we believe Alibaba is well-positioned to capture the influx demand of cloud computing service in the coming years,\" the analysts say. Still they note upside risks to the pace of cloud revenue acceleration and profitability improvement. They keep a buy rating on the shares and raise their target price to HK$166.00 from HK$137.00. Shares were last traded at HK$136.30. 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Alibaba's Hong Kong-listed shares are up 13% following its strong earnings and the tech giant's long-term growth potential on AI. Tencent and Xiaomi are up 4.5% and 4.8%, respectively. China Unicom gains 12.3% and Lenovo Group is up 12.05%. Meanwhile, the top decliners include Tingyi Holding, which is down 3.1% and Sands China 2.8% lower. The benchmark Hang Seng Index is up 2.0% to 23238.42 and the Hang Seng Tech Index is 4.7% higher. 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The Shenzhen Composite Index gains 1.4% at 2084.59 and ChiNext Price Index is 2.2% higher at 2275.32. Investor sentiment has been boosted by positive tech earnings, with Alibaba posting its highest revenue growth in more than a year. Among major stocks, hardware companies are leading the gains as investors expect higher chip demand as AI adoption widens. SMIC adds 5.7% and Hygon Information Technology gains 16%. Banks are lower; China Construction Bank is 1.4% lower and Industrial & Commercial Bank of China, declines 1.3%. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4505","BK4607","BK4585","LU0797268264.HKD","LU1105468828.SGD","LU1152091754.HKD","BK4524","BK4535","BK4543","LU1688375341.USD","BK4533","LU1267930227.SGD","LU0651946864.USD","LU0072913022.USD","IE00BFMHRM44.USD","LU2226246903.HKD","09988","LU0348814723.USD","LU0501845795.SGD","LU1046421795.USD","BK4122","BK4503","LU1048596156.SGD","BK4220","LU0918141887.USD","BK4534","LU0128525689.USD","BK4581","BK4502","BK4538","BK4526","LU0052756011.USD","LU0918141705.HKD","BK4588","BK4558","BK4527","IE00B0JY6N72.USD","LU0310800965.SGD","BK4587","BK4565","LU1046422090.SGD","BK4548","BK4579","BABA","LU1008478684.HKD","BK4554","LU1515016050.SGD","LU1880383366.USD","LU1282648689.USD","LU1823568750.SGD"],"gpt_icon":1},{"id":"2513280070","title":"Stock market today: Asia shares trade mixed as China benchmarks surge while others slip","url":"https://stock-news.laohu8.com/highlight/detail?id=2513280070","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513280070?lang=en_us&edition=fundamental","pubTime":"2025-02-21 11:59","pubTimestamp":1740110394,"startTime":"0","endTime":"0","summary":"TOKYO  — Asian shares were mixed Friday after a sharp slide for Walmart helped pull Wall Street off record highs.In Japan, where investors were watching currency swings, the benchmark Nikkei 225 edged up 0.1% in morning trading to 38,719.34.The inflation rate is key in the Bank of Japan's decision on interest rates, and the rate has remained at or above the central bank's target of 2% inflation. Last month, the Bank of Japan raised its key policy rate to 0.5% from 0.25%.On Wall Street, the S&P 500 slipped 0.4% for its first drop after setting all-time highs the last two days. The Dow Jones Industrial Average lost 450 points, or 1%, and the Nasdaq composite sank 0.5%.Walmart drove the market lower after falling 6.5%, even though the retailer reported stronger profit for the latest quarter than analysts expected. 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