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<Research>UBS Latest Ratings & TPs on CN Fintechs (Table)
Recommend
19
Positive
38
Negative
14
UBS published a report, updating the latest ratings and target prices for Chinese fintech stocks:

Stocks│Investment Ratings│Target Prices
Alibaba (BABA.US) │ Buy │ US$176 -> US$180
TENCENT (00700.HK) │ Buy │ HK$676 -> HK$700
Qifu Technology (QFIN.US) │ Buy │ US$57.8
YUSYS TECHNOLOGIES (300674.SZ) │ Buy │ RMB29.2
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The broker listed valuation forecasts for Chinese tech stocks:

Shares│2026E P/S│2026E P/E│2024-26E EPS CAGR
Alibaba (BABA.US) │ 2.1 times │ 10.4 times │ 13.3%
TENCENT (00700.HK) │5.3 times │14.1 times │16.8%
MEITUAN-W (03690.HK) │1.7 times │14.7 times │12%
Baidu (BIDU.US) │1.5 times │7.9 times │1.6%
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