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Market Daily Report: Bursa Malaysia Ends Lower as Investors Eye US Data, BOJ Decision

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.   At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day.  The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
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Alibaba Q1 Earnings Preview: Focus Shifts to AI and Global Expansion

Earnings Release: Friday, pre-market (Aug 29, 2025)

Ticker: $BABA (NYSE)
Current Price: $120.45 (-1.4% Thursday)
52-Week Range: $80.06 – $148.43
YTD Performance: +41.8%

Street Expectations

  • Revenue: US$34.26 billion (vs. US$33.47 billion YoY)

  • EPS: US$1.95 (vs. US$2.26 YoY)

Earnings Track Record:

  • Beat EPS estimates in 7 of the last 10 quarters (including the last two).

  • Missed revenue in Q4, but historically beat in 7 of last 10 quarters.

Analyst Sentiment

  • Several brokers, including Barclays and Bank of America, have trimmed price targets ahead of the release.

  • Hedge funds such as Bridgewater, Appaloosa, and Coatue have reduced exposure to Chinese equities, including Alibaba.

Key Themes to Watch

1. AI and Cloud Momentum

  • Alibaba Cloud remains a critical growth engine.

    • Q4 Cloud Intelligence Group revenue: +18% YoY, outperforming most other segments.

    • Growth driven by AI-related product adoption.

  • Market leadership: Alongside Baidu, Alibaba holds ~25% market share in China’s AI-driven public cloud services (2024).

  • Qwen 3 coder, the company’s AI coding model, is gaining global traction, highlighting Alibaba’s potential as a key player in enterprise AI.

2. International Expansion

  • International Digital Commerce Group revenue up 22% YoY in Q4, fueled by cross-border e-commerce.

  • Global diversification is increasingly important as US tariffs and trade restrictions weigh on Chinese exports.

  • Investors will focus on management’s commentary about growth prospects in Southeast Asia, Europe, and emerging markets.

3. Domestic Headwinds

  • Fierce competition in China’s e-commerce sector (Pinduoduo, JD.com, Douyin) continues to pressure margins.

  • Slowing domestic consumption trends could impact near-term growth.

  • Tariff and trade policies from the Trump administration pose additional risks for Alibaba’s global business model.

Investment Implications

  • Upside Case: Stronger-than-expected AI/cloud adoption and continued international momentum could offset weakness in China e-commerce.

  • Downside Risks: Prolonged macro headwinds, tariff uncertainty, and competitive pricing pressure in the domestic market.

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