Daiwa lowered the target price for Alibaba (09988) to HKD98 from HKD103 and maintained the "buy" rating.
The research house said it is more positive than the market on Alibaba Cloud's margin in the long term due to the economies of scale.
WoW WoW星期三:健康網購產品低至$99 (只限今天) ► 火速行動