阿里巴巴涨超4%创逾4年新高，获小摩大幅上调目标价至240港元

Core Viewpoint - Alibaba's stock price reached a new high since August 2021, driven by strong growth in cloud computing and e-commerce, leading to a significant increase in its target price by Morgan Stanley [1] Group 1: Stock Performance - Alibaba's stock rose over 4% during trading, reaching HKD 184.8, marking the highest price since August 2021 [1] - The stock has accumulated a gain of over 125% year-to-date [1] Group 2: Analyst Insights - Morgan Stanley predicts that growth in cloud computing and e-commerce will support a higher valuation for Alibaba [1] - The target price for Alibaba's Hong Kong stock has been raised significantly from HKD 165 to HKD 240 [1]