Oriental Securities: Maintains a "buy" rating on Alibaba-W (09988.HK) with a target price of 204.79 Hong Kong dollars.

According to the WiseMoney Finance APP, Oriental Securities has released a research report stating that Alibaba-W (09988.HK) under Alibaba Cloud AI-driven+ cloud acceleration continues to accelerate on a month-on-month basis. The main site benefits from the synergies of takeout and continues to grow steadily under the meta logic deduction, with increased investment in flash sales this quarter but has entered a pace of reducing losses. AI continues to empower multiple business areas of the company in depth, optimistic about the growth potential under the company's AI-driven, with a target price of 204.79 Hong Kong dollars, maintaining a "buy" rating.