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66786 HS#HSI RP2809E (R BEAR)
RT Nominal unchange 0.000 (0.000%)

26/11/2025 14:40

{I-bank focus}Macquarie lowers Alibaba (09988) to HKD212.7

[ET Net News Agency, 26 November 2025] Macquarie lowered the target price for Alibaba
(09988) to HKD212.7 from HKD228.2 and maintained the "outperform" rating.
The research house said near-term profitability remains compressed given ongoing
investments in quick commerce, but absolute dollar loss should narrow onwards. (rc)

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