Zhi Tong Cai Jing·2026-01-09 01:51Core Viewpoint - Alibaba's stock price increased by over 4%, reaching HKD 149.1, with a trading volume of HKD 4.638 billion, following positive developments in its Taobao Flash Sales business [1] Group 1: Business Developments - Taobao Flash Sales has made significant progress in the latest quarter, as indicated by recent communications to investors [1] - Alibaba has clarified its investment strategy for Taobao Flash Sales, aiming for market share growth and committing to increased investments to achieve a leading position by 2026 [1] Group 2: Market Performance - The growth momentum for Taobao Flash Sales is expected to continue strongly into Q4 2025, with rapid advancements in non-food instant retail [1] - Compared to competitors, Taobao Flash Sales is reducing losses at a faster rate, enhancing Alibaba's confidence in further investments in this business segment [1]