[Alibaba Q2 Revenue Exceeds Expectations but Profit Falls Short, Ant Group Profit Up 10.3% Year-on-Year] According to Jinshi reports, Alibaba (09988.HK) achieved revenue of RMB 247.795 billion in the second quarter of fiscal year 2026, a year-on-year increase of 4.8%, surpassing market expectations. Among this, cloud intelligence revenue reached RMB 39.82 billion, exceeding estimates, and Ant Group's profit reached RMB 8.37 billion, up 10.3% year-on-year. However, adjusted net profit was RMB 10.35 billion, below the estimated RMB 16.8 billion, and earnings per ADS of RMB 4.36 also fell short of expectations. The company stated it will continue to increase investment in AI and consumer sectors, with short-term profitability expected to fluctuate.