Zhi Tong Cai Jing·2025-08-13 07:30Core Viewpoint - Alibaba's stock price increased by nearly 6% at the close, reflecting positive market sentiment driven by strong performance in its e-commerce segment and strategic initiatives [1] Group 1: Stock Performance - Alibaba's stock (09988) rose by 5.75% to HKD 123.3, with a trading volume of HKD 15.487 billion [1] Group 2: E-commerce Developments - From August 7 to 9, Taobao's daily order volume exceeded 10 million for three consecutive days, indicating robust consumer demand [1] - Taobao launched a new membership system that integrates various Alibaba resources, covering a wide range of consumer needs, marking a significant shift towards a comprehensive consumption platform strategy [1] Group 3: Financial Projections - Tianfeng Securities anticipates steady revenue growth for Alibaba in Q1 of FY2026, although profits may be impacted by flash purchase subsidies [1] - East Asia Securities projects a 13% year-on-year increase in adjusted EBITDA for Alibaba in Q1 of FY2026, with cloud business expected to be a key growth driver, forecasting a 23% year-on-year revenue growth for Alibaba Cloud [1]