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

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

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

Topic |   Alibaba

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