Jefferies published a research report saying that the Shanghai Stock Exchange and Shenzhen Stock Exchange announced adjustments to the Shanghai-Shenzhen-Hong Kong Stock Connect share list, and Alibaba was officially included in Hong Kong Stock Connect, effective today (10th), which is believed to have a positive impact. It points out that after Ali completed the dual major listing conversion in Hong Kong and New York last month, investors have been expecting Ali to be included in the Hong Kong Stock Connect. At the same time, the Group has recently made a series of developments, including completing a three-year rectification and Taotian's access to WeChat Pay, etc., maintaining a “buy” rating, with a target price of HK$112.
大行评级｜杰富瑞：维持阿里巴巴“买入”评级 集团近期取得一系列进展
Large bank rating | Jefferies Financial: Maintains a "buy" rating for Alibaba. The group has made a series of recent progress.
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