中信证券：维持阿里巴巴(09988,BABA.US)“买入”评级目标价234港元

智通财经02-23

智通财经APP获悉，中信证券发布研报称，阿里巴巴(09988,BABA.US) 25Q4经营性业绩表现稳健，AI全场景深度赋能，增长韧性持续凸显。游戏业务延续“经典IP长线运营 + 新游全球化突破”双轮驱动，AI技术贯穿研发、玩法与运营全流程，成为效率提升与玩家粘性强化的重要抓手；非游戏业务有所分化，有道 AI 原生战略成效突出。展望未来，《遗忘之海》、《无限大》等精品储备充足，全球化、多端化与...

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北城风
03-03
北城风
中信证券，果然冥灯，反向预测

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PE，对应美股目标价150美元/ADR、港股234港元/股。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":538665492295720,"gmtCreate":1772540815139,"gmtModify":1772543113496,"author":{"id":"3586261160196200","authorId":"3586261160196200","name":"北城风","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586261160196200","authorIdStr":"3586261160196200"},"htmlText":"中信证券，果然冥灯，反向预测","listText":"中信证券，果然冥灯，反向预测","text":"中信证券，果然冥灯，反向预测","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/538665492295720","repostId":2613208445,"repostType":2,"repost":{"id":"2613208445","kind":"news","pubTimestamp":1771812889,"share":"https://www.laohu8.com/m/news/2613208445?lang=zh_CN&edition=full","pubTime":"2026-02-23 10:14","market":"fut","language":"zh","title":"中信证券：维持阿里巴巴(09988,BABA.US)“买入”评级 目标价234港元","url":"https://stock-news.laohu8.com/highlight/detail?id=2613208445","media":"智通财经","summary":"智通财经APP获悉，中信证券发布研报称，阿里巴巴(09988,BABA.US) 25Q4经营性业绩表现稳健，AI全场景深度赋能，增长韧性持续凸显。游戏业务延续“经典IP长线运营 + 新游全球化突破”双轮驱动，AI技术贯穿研发、玩法与运营全流程，成为效率提升与玩家粘性强化的重要抓手；非游戏业务有所分化，有道 AI 原生战略成效突出。展望未来，《遗忘之海》、《无限大》等精品储备充足，全球化、多端化与AI化布局形成协同优势，长期成长潜力凸显。该行维持 “买入” 评级，给予公司 2026 年16x Non-GAAP PE，对应美股目标价150美元/ADR、港股234港元/股。","content":"<html><body><p>智通财经APP获悉，<a href=\"https://laohu8.com/S/600030\">中信证券</a>发布研报称，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>(09988,BABA.US) 25Q4经营性业绩表现稳健，AI全场景深度赋能，增长韧性持续凸显。游戏业务延续“经典IP长线运营 + 新游全球化突破”双轮驱动，AI技术贯穿研发、玩法与运营全流程，成为效率提升与玩家粘性强化的重要抓手；非游戏业务有所分化，有道 AI 原生战略成效突出。展望未来，《遗忘之海》、《无限大》等精品储备充足，全球化、多端化与AI化布局形成协同优势，长期成长潜力凸显。该行维持 “买入” 评级，给予公司 2026 年16x Non-GAAP PE，对应美股目标价150美元/ADR、港股234港元/股。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta 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北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1406240.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，中信证券发布研报称，阿里巴巴(09988,BABA.US) 25Q4经营性业绩表现稳健，AI全场景深度赋能，增长韧性持续凸显。游戏业务延续“经典IP长线运营 + 新游全球化突破”双轮驱动，AI技术贯穿研发、玩法与运营全流程，成为效率提升与玩家粘性强化的重要抓手；非游戏业务有所分化，有道 AI 原生战略成效突出。展望未来，《遗忘之海》、《无限大》等精品储备充足，全球化、多端化与...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1406240.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"89988":"阿里巴巴-WR","LU1044875133.USD":"天利亚洲反向股票 AU Acc","LU0348783662.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USDHDG) INC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU1993786604.SGD":"UBS (LUX) EQUITY SICAV ALL CHINA \"P\" (SGD) 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中信证券：维持阿里巴巴(09988,BABA.US)“买入”评级 目标价234港元

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中信证券：维持阿里巴巴(09988,BABA.US)“买入”评级目标价234港元