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tradingview.comAUG 212 min read$BABA

Alibaba, NetEase, J&T Express get 'Buy' calls; Nomura flags China growth concerns, AI-cloud upside

Nomura issued 'Buy' ratings for Alibaba (BABA), NetEase (NTES), and J&T Express (JT), citing strong AI, cloud, and operating performance. Alibaba's cloud revenue grew 45% y/y, NetEase's operating profit rose 33% y/y, and J&T Express saw 40% y/y revenue growth. Nomura also upgraded Sunway Healthcare (SUNWAY) to 'Buy'. China's growth concerns persist, while Malaysia's exports remain strong and Thailand's data-centre FDI may have limited GDP impact.

Original reporting
tradingview.com
Published Aug 21, 2026, 3:06 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 21, 2026, 1:00 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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Alibaba, NetEase, J&T Express get 'Buy' calls; Nomura flags China growth concerns, AI-cloud upside — source image
Source · tradingview.com
Decision brief

The 30-second read

$BABABullishMed
01

Why it matters

Analyst upgrades can trigger short-term buying, but macro headwinds in China temper expectations.

02

Market read

Upgrades for two major Chinese tech firms may influence sector sentiment despite broader China growth concerns.

03

What to watch

Tax expense increase and broader macro slowdown may limit upside.

Relevance 7/10Novelty 6/10Timing: today

Background

Nomura's Asia ex-Japan Daily Research Summary provides fresh analyst upgrades and sector commentary.

Company-level read

Ticker impact

$BABABullishMedium confidence
Context

Nomura upgraded Alibaba to Buy with a $178 target, citing stronger AI and cloud outlook despite earnings miss.

Expected impact

Short-term rally possible on upgrade.

Evidence & confidence

Buy rating and higher target may attract buying pressure.

$NTESBullishMedium confidence
Context

Nomura retained a Buy on NetEase with a $155 target after a 33% YoY profit rise and margin expansion.

Expected impact

Likely modest upside on continued margin strength.

Evidence & confidence

Strong profit growth and upgraded target may lift the stock.

Market effects

Sector

AI and cloud optimism may boost other Chinese tech stocks.

Regional

Positive sentiment for Chinese equities amid growth concerns.

Global

Highlights continued demand for AI-driven cloud services worldwide.

Counterpoint

What could challenge this read

Growth concerns in China could outweigh the upgrade benefits.

Key entities

  • Company
    Alibaba Group Holding Ltd

    Chinese e‑commerce and cloud provider.

  • Company
    NetEase Inc

    Chinese internet services and gaming company.

Read at source← All news

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