--- title: "Citigroup maintains a \"Buy\" rating on Alibaba with a target price of 199 yuan" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/281457578.md" description: "Citi maintains a \"Buy\" rating on Alibaba, with a target price of HKD 199. The bank discussed Alibaba's AI and cloud strategy at an event on April 1, believing it has the strongest AI competitive advantage in China's internet sector. Despite fierce competition in food delivery and instant retail, it is expected that related business losses will narrow. Alibaba's management pointed out that comprehensive full-stack capabilities and a strong ecosystem are key differentiators in the AI field, and it is anticipated that revenue from Model as a Service (MaaS) will drive the achievement of a USD 100 billion revenue target over the next five years" datetime: "2026-04-02T02:46:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281457578.md) - [en](https://longbridge.com/en/news/281457578.md) - [zh-HK](https://longbridge.com/zh-HK/news/281457578.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/281457578.md) | [English](https://longbridge.com/en/news/281457578.md) # Citigroup maintains a "Buy" rating on Alibaba with a target price of 199 yuan Citi published a research report indicating that the bank will hold the "2026 Innovation Pioneer Enterprise Day" event on April 1st, inviting Alibaba (09988.HK) management to participate in the meeting. The focus of the meeting will include discussions on AI and cloud strategy, recent price increases and the cloud market landscape, drivers for cloud margin improvement, updates on instant retail, and the application of AI in e-commerce. The bank believes that with its full-stack capabilities, Alibaba has the strongest AI competitive advantage in the Chinese internet sector. Although competition in food delivery and instant retail remains fierce, the bank expects related business losses to narrow quarter by quarter. The bank quoted Alibaba's management stating that the group's key differentiation in the AI field lies in its comprehensive full-stack capabilities, a strong ecosystem, and vertically integrated AI infrastructure covering hardware, platforms, and applications. This integration helps achieve a faster and more efficient monetization cycle from token generation and distribution to final commercialization. Management expects that revenue from Model as a Service (MaaS) will be a major driver in achieving the group's five-year revenue target of $100 billion. The bank set a target price of $200 for Alibaba (BABA.US) in the US stock market and a target price of HKD 199 for its H shares, maintaining a "Buy" rating ### 相關股票 - [Direxion FTSE China Bull 3X (YINN.US)](https://longbridge.com/zh-HK/quote/YINN.US.md) - [KraneShares 2x Long BABA Daily ETF (KBAB.US)](https://longbridge.com/zh-HK/quote/KBAB.US.md) - [E Fund CSI HK Connect Internet ETF (513040.CN)](https://longbridge.com/zh-HK/quote/513040.CN.md) - [Hwabao CSI HK Equities Internet ETF (513770.CN)](https://longbridge.com/zh-HK/quote/513770.CN.md) - [Global X E-commerce ETF (EBIZ.US)](https://longbridge.com/zh-HK/quote/EBIZ.US.md) - [Krne Csi China Internet (KWEB.US)](https://longbridge.com/zh-HK/quote/KWEB.US.md) - [BABA 2x Long Daily ETF - GraniteShares (BABX.US)](https://longbridge.com/zh-HK/quote/BABX.US.md) - [Alibaba (BABA.US)](https://longbridge.com/zh-HK/quote/BABA.US.md) - [BABA-W (09988.HK)](https://longbridge.com/zh-HK/quote/09988.HK.md) - [Global X Cloud Computing ETF (CLOU.US)](https://longbridge.com/zh-HK/quote/CLOU.US.md) ## 相關資訊與研究 - [China's 'one-person companies' have exploded. An Alibaba exec explains how AI agents make that possible.](https://longbridge.com/zh-HK/news/280871598.md) - [SGTech launches AI-Ready initiative for SMEs](https://longbridge.com/zh-HK/news/281485464.md) - [Alibaba Exec Explains Why AI Agents Are The New Employees](https://longbridge.com/zh-HK/news/281049911.md) - [08:05 ETPenguin Ai Launches Gwen, a Build-Your-Own AI Platform for Healthcare Operations](https://longbridge.com/zh-HK/news/281363782.md) - [Bureau Veritas To Offer AI Assessment To European Enterprises In Partnership With AWS](https://longbridge.com/zh-HK/news/281397262.md)