- Entry
- $114.26
- Now
- $119.50 +4.6%
- Target
- —
- Score
- —
I spent most of July 8 watching the tape because I have been interested in this name for months and could not believe the size of the move. The stock closed up 12.21% in Hong Kong, its biggest single day gain in about ten months. That is exchange data from the session itself. The catalyst was a UBS research note by analyst Kenneth Fong forecasting June quarter cloud revenue growth accelerating to roughly 45% year over year, driven by MaaS …
— ORIGINAL POST ·
Alibaba rose 12.21% in Hong Kong on July 8 because UBS thinks cloud growth hits 45%. I keep getting stuck on the word thinks.
· r/stocks
· Jul 19, 2026