Alibaba Health Information Technology Ltd (241): Riding the AI Wave
Recommendation: Technical Buy
Entry Prices: 4.40, 3.70, 3.30
Stop Loss: 2.96
Target Prices: 5.88, 7.14, 9.50, 11.90
Alibaba Health is making waves in the tech space, particularly with its advancements in artificial intelligence. On January 29, 2025, the company’s flagship large language model (LLM), Qwen2.5-Max, was officially upgraded and released. This version boasts a strong and comprehensive performance, further solidifying Alibaba Cloud’s capabilities.
Adding to its momentum, media reports suggest that Apple may collaborate with Alibaba to develop localized AI features for iPhone devices. This partnership could be a significant boost, leveraging Alibaba’s robust cloud ecosystem and advanced AI capabilities.
CGS International Securities believes that Alibaba’s integrated cloud infrastructure, coupled with its cutting-edge AI innovations and likely lower capital expenditures, positions the company for a potential re-rating. With these developments, the recommendation remains an “Add” with a higher discounted cash flow-based target price of HK\$133.
Hong Kong Exchanges & Clearing Ltd (388): A Technical Buy Opportunity
Recommendation: Technical Buy
Entry Prices: 335.80, 295.00, 264.40
Stop Loss: 268.00
Target Prices: 395.88, 420.14, 460.00, 510.00
Hong Kong Exchanges & Clearing Ltd continues to present itself as a strong technical buy. Investors are encouraged to consider entry points at 335.80, 295.00, and 264.40, with a stop loss at 268.00 to mitigate risks. The target prices for this stock are strategically set at 395.88, 420.14, 460.00, and 510.00, reflecting a bullish outlook for the company.
With its pivotal role in the financial market infrastructure and consistent performance, the stock remains a prime choice for investors looking to capitalize on long-term growth.
CJ Logistics Corp (000120): Strong Technical Buy Signal
Recommendation: Technical Buy
Entry Prices: 94,300, 88,450, 80,000
Stop Loss: 76,800
Target Prices: 120,200, 151,000, 179,000, 220,100
CJ Logistics Corp is another standout in the technical buy category. The company is poised for substantial growth, with entry points identified at 94,300, 88,450, and 80,000. To safeguard investments, the stop loss is set at 76,800.
The target prices are ambitious yet achievable, ranging from 120,200 to a high of 220,100. As a leader in logistics and supply chain solutions, CJ Logistics’ robust operations and market position make it a compelling pick for investors.
Mermaid Maritime PCL: Bullish Breakout in the Offshore Sector
Recommendation: Technical Buy
Last Price: 0.158
Entry Prices: 0.158, 0.135, 0.120
Support Levels: 0.144, 0.120
Stop Loss: 0.115
Resistance Levels: 0.162, 0.225
Target Prices: 0.200, 0.230, 0.250, 0.300
Mermaid Maritime PCL, a key player in offshore drilling and subsea engineering, has shown a robust bullish breakout. Having rebounded from previous buy limits of 0.135 and 0.120, the stock continues to trend upward.
The technical analysis reveals several positive indicators:
- A strong bullish breakout from a symmetrical triangle pattern confirms the continuation of the uptrend.
- Prices are trading above all Ichimoku indicators, signaling sustained momentum.
- The MACD/signal line remains above the zero line, with a positive histogram.
- The stochastic oscillator has performed an oversold crossover, further validating the bullish trend.
- The 23-period rate of change (ROC) has risen above the zero line.
- The directional movement index highlights sustained bullish strength.
- Trading volume has spiked above the 20-period average, indicating healthy market participation.
With target prices set from 0.200 to 0.300, investors are encouraged to watch for further bullish continuation as Mermaid Maritime capitalizes on its extensive footprint in Southeast Asia, India, China, the Middle East, and beyond.
