<div id="readability-page-1"><p>TT International Asset Management LTD boosted its holdings in  Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 16.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 593,014 shares of the specialty retailer's stock after purchasing an additional 83,660 shares during the quarter. Alibaba Group makes up   12.6% of TT International Asset Management LTD's portfolio, making the stock its 3rd biggest holding. TT International Asset Management LTD's holdings in Alibaba Group were worth $67,254,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Alibaba Group</strong> alerts:</span></p></div><ul><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li></ul><p>Several other institutional investors have also recently added to or reduced their stakes in BABA. Temasek Holdings Private Ltd grew its position in  Alibaba Group by 23.4% during the first quarter. Temasek Holdings Private Ltd now owns 5,510,348 shares of the specialty retailer's stock valued at $728,633,000 after acquiring an additional 1,045,789 shares during the period.  American Century Companies Inc. grew its position in  Alibaba Group by 52.1% during the first quarter. American Century Companies Inc. now owns 2,293,085 shares of the specialty retailer's stock valued at $303,215,000 after acquiring an additional 785,494 shares during the period.  Causeway Capital Management LLC grew its position in  Alibaba Group by 42.6% during the first quarter. Causeway Capital Management LLC now owns 1,356,010 shares of the specialty retailer's stock valued at $179,305,000 after acquiring an additional 404,842 shares during the period.  WCM Investment Management LLC purchased a new stake in  Alibaba Group during the first quarter valued at about $4,074,000.  Finally, KMG Fiduciary Partners LLC purchased a new stake in  Alibaba Group during the first quarter valued at about $1,948,000. 13.47% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Analysts Set New Price Targets</h2><p>BABA has been the subject of a number of research reports. Sanford C. Bernstein  reissued an &#34;outperform&#34; rating and set a $160.00 price target on shares of Alibaba Group in a research report on Saturday, August 30th. Citigroup boosted their price target on Alibaba Group from $148.00 to $187.00 and gave the company a &#34;buy&#34; rating in a research report on Tuesday, September 2nd. Robert W. Baird boosted their price target on Alibaba Group from $142.00 to $153.00 and gave the company an &#34;outperform&#34; rating in a research report on Tuesday, September 2nd. Zacks Research raised Alibaba Group from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, September 9th. Finally, Benchmark upped their target price on Alibaba Group from $176.00 to $195.00 and gave the stock a &#34;buy&#34; rating in a research report on Tuesday, September 2nd. One investment analyst  has rated the stock with a Strong Buy rating, thirteen have assigned  a Buy rating and one  has given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of &#34;Buy&#34; and a consensus price target of $167.40.</p><ul><li>Alibaba Rallies on New AI Chip Design, Sending NVIDIA Stock Lower</li></ul><p><b>Read Our Latest Report on Alibaba Group</b></p><h2>Alibaba Group Trading Up 2.3%</h2><p>Shares of NYSE BABA opened at $165.98 on Thursday. The stock's 50 day moving average price is $126.68 and its two-hundred day moving average price is $123.16. Alibaba Group Holding Limited has a 52-week low of $80.06 and a 52-week high of $167.32. The stock has a market capitalization of $395.71 billion, a P/E ratio of 19.30, a PEG ratio of 1.99 and a beta of 0.11. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.19. </p><h2>About Alibaba Group</h2> (Free Report)<ul><li>These 3 Chinese Stocks Could Be a Ticking Time Bomb of Growth</li></ul><p>Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.</p><h2>Read More</h2><ul><li>Five stocks we like better than Alibaba Group</li><li>High Dividend REITs: Are They an Ideal Way to Diversify?</li><li>Biotech Breakouts: 3 Stocks With Massive Upside Potential</li><li>Why Are Stock Sectors Important to Successful Investing?</li><li>Powering Up: A Buy Rating Signals GE Vernova's AI Tailwinds</li><li>Election Stocks: How Elections Affect the Stock Market</li><li>The Side of Rate Cuts Nobody Is Telling You About</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJBQkE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJBQkE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alibaba Group Right Now?</h2><p>Before you consider Alibaba Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alibaba Group wasn't on the list.</p><p>While Alibaba Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>TT International Asset Management LTD increased its stake in Alibaba Group Holding Limited (NYSE:BABA) by 16.4% in Q2, owning 593,014 shares valued at $67.25 million. Other institutional investors also raised their positions, with Temasek Holdings increasing by 23.4% and American Century Companies by 52.1%. Analysts have set new price targets for BABA, with an average target of $167.40 and a consensus rating of "Buy." The stock opened at $165.98, with a market cap of $395.71 billion and a 52-week range of $80.06 to $167.32.</p>

- TT International Asset Management LTD increased its stake in Alibaba Group by 16.4% in Q2, owning 593,014 shares valued at $67.25 million.  
- Other institutional investors, including Temasek Holdings and American Century Companies, also raised their positions in Alibaba during the first quarter.  
- Analysts have set various price targets for Alibaba, with an average rating of "Buy" and a consensus price target of $167.40.

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KraneShares 2x Long BABA Daily ETF

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Alibaba Group Holding Limited $BABA Shares Purchased by TT International Asset Management LTD