Recently, with the continuous recovery of the Chinese economy and the warming of market sentiment, many foreign institutions have raised their target prices for Chinese concept stocks. As the leader of Chinese concept stocks, Alibaba has become the focus of institutional attention. Daiwa Securities raised its target price for its Hong Kong stock from HKD 165 to HKD 175; previously, Goldman Sachs raised its target price for its U.S. stock from USD 117 to USD 160, and its Hong Kong stock target price from HKD 114 to HKD 156; Morgan Stanley also set a target price of USD 180 for its U.S. stock