Correction to Alibaba Article

Published: 2026-05-14 05:30:15 ET BABA

Published on 05/14/2026 at 05:30 am EDT

HSBC was upbeat on Alibaba's outlook, citing near-term upside for cloud margin, pointing to the deployment of in-house chips and a shift toward higher-margin business. HSBC lifted its target price to US$180.00 from US$172.00. "Alibaba Shares Rise Amid Optimism on AI, Cloud Businesses," at 04:12 GMT, incorrectly cited Nomura instead.

(END) Dow Jones Newswires

05-14-26 0529ET