---
title: "CICC: Maintains \"Outperform\" rating on Alibaba-W, target price of HKD 109"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/213163453.md"
description: "CICC released a research report stating that it maintains a \"outperform\" rating on Alibaba-W, with revenue and profit forecasts unchanged and a target price of HKD 109. The bank sees Alibaba's core business market share stabilizing after organizational changes and strategic adjustments, with other businesses reducing losses beyond expectations. Coupled with shareholder returns and the catalyst of entering the Hong Kong Stock Connect, the bank is optimistic about Alibaba's future performance"
datetime: "2024-09-02T01:59:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/213163453.md)
  - [en](https://longbridge.com/en/news/213163453.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/213163453.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/213163453.md) | [繁體中文](https://longbridge.com/zh-HK/news/213163453.md)


# CICC: Maintains "Outperform" rating on Alibaba-W, target price of HKD 109

CICC released a research report stating that it maintains a "outperform" rating on Alibaba-W, with revenue and profit forecasts unchanged and a target price of HKD 109. The bank sees Alibaba's core business market share stabilizing after organizational changes and strategic adjustments, with other businesses reducing losses beyond expectations. Coupled with shareholder returns and the catalyst of entering the Hong Kong Stock Connect, the bank is optimistic about Alibaba's future performance

### 相关股票

- [BABA-WR (89988.HK)](https://longbridge.com/zh-CN/quote/89988.HK.md)
- [BABA-W (09988.HK)](https://longbridge.com/zh-CN/quote/09988.HK.md)
- [Alibaba (BABA.US)](https://longbridge.com/zh-CN/quote/BABA.US.md)

## 相关资讯与研究

- [Evanson Asset Management LLC Purchases Shares of 5,080 Alibaba Group Holding Limited $BABA](https://longbridge.com/zh-CN/news/280440745.md)
- [Xpeng Mar deliveries rebound sequentially despite year-on-year decline](https://longbridge.com/zh-CN/news/281331957.md)
- [Several Baidu Apollo Go Robotaxis Freeze In China, Raising Concerns About AV Safety: Report](https://longbridge.com/zh-CN/news/281345987.md)
- [5 Simple ETFs to Buy With $1,000 and Hold for a Lifetime](https://longbridge.com/zh-CN/news/281345615.md)
- [Nio to launch 2026 ES6, EC6, ET5, and ET5 Touring on Apr 2](https://longbridge.com/zh-CN/news/281291925.md)