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

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

Name: SCMP
Telephone: +852-2680-8888

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: 10:58pm, 25 Jan, 2018

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

READ FULL ARTICLE