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Chief Executive Eddie Wu's messages of a 20-gigawatt AI infrastructure target by fiscal 2033 could translate to $160 billion in external cloud revenue by then, the bank says. That compares with Citi's current forecast of $100 billion in fiscal 2031. The bank also expects Alibaba to continue its high capital expenditure in the coming years. Citi keeps a buy rating on the stock with a target price of HK$189.00. 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Stock Slips 1.4% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2669817117","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669817117?lang=en_us&edition=fundamental","pubTime":"2026-09-22 16:33","pubTimestamp":1790065980,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Xiaomi Corp. slid 1.4% to 27.20 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.2% to 25087.75.The stock's fall snapped a two-day winning streak.Xiaomi Corp. closed 55% below its 52-week high of HK$59.90, which the company achieved Sept. 25.Trading volume totaled 127.9 million shares, compared to the 50-day average of 166.2 million shares.Data source: Dow Jones Market Data, 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Group Holding Stock Climbs 2.0% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2669711731","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669711731?lang=en_us&edition=fundamental","pubTime":"2026-09-22 16:32","pubTimestamp":1790065920,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Alibaba Group Holding Ltd. advanced 2.0% to 114.80 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.2% to 25087.75.This was the stock's third consecutive day of gains.Alibaba Group Holding Ltd. closed 38% below its 52-week high of HK$186.20, which the company achieved Oct. 3.Trading volume totaled 123.9 million shares, compared to the 50-day average of 91.1 million shares.Data source: Dow Jones Market Data, 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