What is Alibaba share price target?

The Alibaba share price target is HK$93.62, which implies a growth rate of 21.43% on the current trading price. Disclosure In major news on Hong Kong stocks, Alibaba Group Holding Limited (HK:9988) is targeting a 20% growth in its B2B (business-to-business) e-commer...

How did Hong Kong's stock market perform on a strong day?

The Hong Kong market had a strong day, led by growth stocks, as Hong Kong’s most heavily traded stocks by value were Tencent, which gained +4.22%, Alibaba, which gained +2.34%, China Mobile, which gained +1.46%, and Meituan, which gained +3.71%, and BYD, which gained +5.01%.

How much investment will Alibaba get from mainlanders?

Up to US$12 billion of investment from mainlanders is likely in the first six months after the e-commerce giant joins the Stock Connect scheme, which would bring their ownership of Alibaba to around 7 per cent, strategists including Laura Wang said in a note on Sunday.