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27823 DSALIBA@EC2504A (CALL)
RT Nominal down0.055 -0.003 (-5.172%)

16/05/2024 15:04

{I-bank focus}Daiwa lowers Alibaba (09988) to HKD98

[ET Net News Agency, 16 May 2024] Daiwa lowered the target price for Alibaba (09988) to
HKD98 from HKD103 and maintained the "buy" rating.
The research house said it is more positive than the market on Alibaba Cloud's margin in
the long term due to the economies of scale. (rc)

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