Gelonghui October 10th | Citigroup released a report stating that facing the upcoming financial results for the end of September, Alibaba investors will focus on the macro outlook and consumer sentiment. They will also assess whether the latest and upcoming stimulus measures can translate into strong demand for the November 11 shopping festival promotions. The firm believes that investors will be interested in the latest news regarding new users and conversion rates brought about by deeper cooperation between Tmall Group and internet platforms, especially with WeChat Pay. This includes the effectiveness of new advertising tools, merchant adoption rates, and the impact of the 0.6% fee charge. Additionally, the firm views the latest comments and achievements by management on cloud and international businesses as key points of this conference call. The firm has set a target price of 133 Hong Kong dollars for Alibaba's H shares and maintains a "buy" rating.