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UBS: Alibaba Emerges as Preferred Choice Among Mainland E-commerce Firms, Tencent Continues to Lead Internet Industry Investments
2025-07-24 /
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Author：小编
UBS has released a research report highlighting Alibaba as the favored player among mainland e-commerce companies. The report anticipates a decline in competition and a recovery in chip supply, urging investors to redirect their focus towards Alibaba's advancements in AI. As a result, the report assigns Alibaba a 'Buy' rating with a target price of $158. Concurrently, the report expresses optimism about Pinduoduo due to its robust domestic growth potential and JD.com for its prudent investment strategy, both earning 'Buy' ratings with target prices set at $165 and $50, respectively. Furthermore, Tencent remains UBS's top pick for investments in China's internet industry, carrying a target price of HK$710.
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