BABA-W (09988.HK) has snowballed 25% since the release of its latest large language model Qwen 2.5 on January 29, compared to an 8% rise in the MSCI China Index, according to JPMorgan.
In addition, BABA-W has surged 37% since the impact of DeepSeek caught investors' attention and led to a nosedive in NVIDIA (NVDA.US)'s stock price on January 24, compared to a 12% increase in the MSCI China Index.
JPMorgan pointed out three major factors driving BABA-W's share price further upward, including a revaluation of Alibaba Cloud as a tier 1 asset in China's cloud market, increased consumption of AI capabilities leading to positive revisions in cloud revenue estimates, and positive revisions in China's e-commerce profitability estimates.
The broker still regards BABA-W as its top pick among Chinese internet stocks.
~
AAStocks Financial News
Web Site: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| ALIBA (C) |
28286 |
159.98 (-) |
0.070 |
9.9 X |
| ALIBA (C) |
28007 |
150 (-) |
0.160 |
4.3 X |
| ALIBA (C) |
13780 |
128.1 (-) |
0.248 |
3.7 X |
| ALIBA (P) |
13581 |
98.94 (-) |
0.047 |
4.0 X |
| ALIBA (P) |
27782 |
82.83 (-) |
0.025 |
5.6 X |
| ALIBA (Bull) |
56255 |
119 (120.5) |
0.205 |
6.8 X |
| ALIBA (Bull) |
55197 |
116.5 (118) |
0.230 |
6.0 X |
| ALIBA (Bear) |
53077 |
153.5 (152) |
0.026 |
10.7 X |
| ALIBA (Bear) |
56252 |
150 (148.5) |
0.020 |
13.8 X |
| Nvidia (C) |
10447 |
175 (-) |
0.080 |
7.0 X |
| Nvidia (C) |
10537 |
165 (-) |
0.197 |
4.6 X |
| Nvidia (C) |
10405 |
160 (-) |
0.072 |
8.9 X |
| Nvidia (P) |
10448 |
123 (-) |
0.109 |
5.2 X |
| Nvidia (P) |
10538 |
116 (-) |
0.142 |
3.6 X |
