阿里巴巴：电子商务、即时零售与人工智能的乐观基调

Alibaba Group Holding BABA.N BABA US EQUITY: INTERNET & NEW MEDIA Upbeat tone on ecommerce, quick commerce & AI Quick Note Downside risks to our target price: margin downside due to a ramp-up of investments; regulatory risks related to the payment and internet finance industry, which could affect Alibaba's main business and its value in Ant Group (unlisted). 1QFY26 results: Key highlights from the print call BABA painted a bullish outlook for its ecommerce, cloud and the new quick commerce business. Quick c ...