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68722 HS#HSI RP2808Y (R BEAR)
RT Nominal unchange0.031 0.000 (0.000%)

27/11/2025 14:45

{I-bank focus}Daiwa lowers Alibaba (09988) to HKD195

[ET Net News Agency, 27 November 2025] Daiwa lowered the target price for Alibaba
(09988) to HKD195 from HKD205 and maintained the "buy" rating.
The research house said it lowers FY26-28E EPS by 5-14% to factor in higher losses in
quick commerce. (rc)

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