Alibaba will release its quarterly report for the three months ended March 31, 2023 next Thursday (May 18)。

FY2023 results will be released soon, the recent Ali-related news at a glance.。

Ali Health Releases Earnings, Huachuang Securities Gives It "Recommended" Rating

On May 5, Ali Health released a positive earnings forecast。It is expected that as of March 31, 2023, the Company will achieve an annual net profit of not less than 4.500 million yuan, net loss of about 2.6.6 billion yuan。Huachuang Securities released a research report saying that the development prospects of pharmaceutical e-commerce are broad, the company is backed by Ali's strong e-commerce resources, the business maintains rapid growth, the company's leading position in pharmaceutical e-commerce is solid.。The bank believes that the company's pharmaceutical e-commerce business is expected to continue to lead the industry in the future, with greater growth potential in the healthcare and digital services business.。

Based on the Company's history and industry trends, CRE Securities gave the Company FY2024 2.8 times the target P / S, corresponding to 7.HK $24, maintain "recommended" rating。

Ali co-founder Cai Chongxin unveiled BEYOND Expo, saying he hopes Ali will continue to drive the economy through consumption in the future

Today, the 3rd BEYOND International Science and Technology Innovation Expo (BEYOND Expo) hosted by the Macau Science and Technology Association officially opened in Macau, China。According to media reports, Alibaba co-founder and executive vice chairman of the board of directors Cai Chongxin with Ali Entertainment Digital Li Li debut BEYOND Expo, and the industry to discuss with AIGC (AI Generated Content) technology to help improve the quality and efficiency of the film and television culture industry new possibilities.。Lili is the first digital idol of Ali Entertainment, and has previously cooperated with many international brands such as Intel, MLB, Samsung, and Nafei through various forms such as endorsements, live broadcasts, and digital collections.。

Cai Chongxin also delivered a speech at the opening ceremony held in the morning。Cai Chongxin said that Alibaba is an e-commerce and an important member of China's economy, through consumption to stimulate China's development。Hopefully, in the future, Alibaba can continue to drive the economy through consumption.。

For the hot AI in the market, Cai Chongxin believes that there is no need to worry too much about AI robots being smarter than humans or even replacing humans.。He believes that there are hundreds of billions of cells in the human brain that have not yet been recognized and explored, and that there are still many unrecognized and untapped human potential。In addition, robots could only do some repetitive work before, but now AI can do simple creative work, but it is difficult for robots to replicate the relationship, emotional intelligence, feelings, desires, etc. between humans.。

Box Ma Yunchao Mall channel online, investment category expanded

According to media reports, on May 8, the box horse official propaganda box Ma Yunchao mall channel online, and to the outside world to open investment。

Merchants will enter the platform of Hema Yunchao Mall in the form of shops, and can share App product display and promotion resources with Hema's own products.。Box Horse has always appeared in the public eye as Ali's fresh brand, this investment category in addition to the regular video wine and fresh, but also expanded to daily chemical department stores, beauty and skin care, mother and baby pets, flowers, eye jewelry, 3C / home appliances and other categories.。

At the end of last month, the box horse also announced the launch of the "1 hour up" service, which covers an area about 3-5 kilometers away from the box horse.。Previously, the delivery of the box horse was only "half an hour," and the radius of the service area was within 3 kilometers from the box horse store.。

Rookie and China Life set up a warehousing and logistics investment fund with a scale of over 3 billion yuan.

As early as 2017, Alibaba's logistics subsidiary Cainiao and China Life had jointly set up a warehousing and logistics fund with a total size of RMB 8.5 billion, which is the first RMB warehousing and logistics core fund in China.。After many years, the two recently joined hands again to complete the signing of the warehouse logistics fund, with a total size of more than 3 billion yuan.。The fund's underlying assets are high-standard positions in key cities in the Yangtze River Delta region, with obvious location advantages, mature and stable operations and good cash returns.。In addition to Cainiao and China Life as cornerstone investors, the project has also been subscribed by Zhonghong Insurance and Caixin Life.。

It follows news that Cainiao is planning an IPO in Hong Kong in early 2024, or raising up to $2 billion in funding.。In this regard, the relevant person in charge of the rookie side responded that there is no clear news of the listing plan.。

Holding hands with Yanjing Beer, Ali takes on logistics trunk business at its Beijing plant

Recently, the chairman of Yanjing Beer Group and his party visited Ali Group, the two sides focused on digital procurement, digital supply chain upgrades, logistics and distribution, RFID and other logistics technology applications, digital marketing, enterprise digital overall transformation, green carbon reduction and other fields and scenarios, in-depth study of how to create a typical benchmark for the high-quality development of the beer industry.。

Geng Chao, Party Secretary and Chairman of Yanjing Beer Group, said that the supply chain will become the core competitiveness of the beer industry, and Yanjing Beer hopes to vigorously promote the construction of digital supply chain through cooperation with Alibaba, and give full play to the advantage of backwardness through technical means to achieve corner overtaking.。

Ali Group's customized companion consultation for Yanjing Beer's overall supply chain transformation is underway and has undertaken the logistics trunk business of Yanjing Beer's Beijing plant.。The two sides will continue to conduct in-depth discussions on digital supply chain, logistics, science and technology, green and other fields, including the construction and improvement of supply chain systems at the company level, the cooperation between trunk lines and urban distribution, and the regulation of market order through RFID cutting-edge technology.。

 

List of latest ratings and target prices of Alibaba by major banks

 

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