Group 1: Industry Overview - The Zacks China Technology thematic screen focuses on China-based technology companies listed on the U.S. stock market, including internet services, batteries, e-commerce, online advertising, online media, online gaming, and social networking platforms [1] - China Tech refers to technology companies in China that are leaders in their fields, with a focus on reducing reliance on Western technology [2] - Key technology areas gaining prominence include semiconductors, artificial intelligence, high-performance computing, industrial robots, data centers, satellites, quantum computing, and wireless broadband [2] Group 2: Company Performance - Alibaba (BABA) shares have gained over 25% in the last month, outperforming the S&P 500's 20% gain, with a bullish EPS outlook for the current and next fiscal year [3] - Alibaba's AI-related product revenue has maintained a triple-digit percentage year-over-year growth rate for the seventh consecutive period, while its Cloud Intelligence Group saw 18% year-over-year growth [4] Group 3: Other Notable Stocks - Other top-ranked stocks returned by the Zacks China Tech screen include Microvast (MVST), GDS Holdings (GDS), and Kingsoft Cloud (KC) [5][7]

May 15, 2025 10:40 AM GMT Alibaba Group Holding | Asia Pacific BABA 4QF25 CMR beat, but Cloud in line Reaction to earnings Strengthens our thesis In-line Modest revision higher Impact to our thesis Financial results versus consensus Direction of next 12-month Source: Company data, Morgan Stanley Research Key Takeaways Exhibit 1: 4QFY25 results review | Alibaba Group | Mar-24 | Dec-24 | Mar-25 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | YE Mar | 4Q24 | 3Q25 | 4Q25e | 4Q25 | ...