Citi released a research report stating that it gave Taobo a “buy” rating and the target price was HK$1.7. As of the end of August, Taobo's net profit for the first half of fiscal year 2027 was roughly in line with the forecast. Operating cash flow increased 36% year over year to RMB 1,844 billion, equivalent to 2.8 times net profit, indicating that profit quality continues to be good.

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