Alibab’s market capitalisation crossed US$500 billion on Wednesday. Photo: Reuters

Alibaba joins Tencent in the exclusive US$500 billion market value club

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Oppenheimer analysts, impressed by the company’s business plans, reiterate outperform rating on the stock with a price target of US$220

Published: 12:34pm, 25 Jan, 2018

Updated: 8:47pm, 20 Jul, 2018

Alibab’s market capitalisation crossed US$500 billion on Wednesday. Photo: Reuters

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