Alibaba dips on MS downgrade as PDD grabs spot of most valuable Chinese e-commerce firm By Reuters – Canada Boosts
© Reuters. FILE PHOTO: Buying trolley is seen in entrance of Alibaba brand on this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration/File Picture (Reuters) – U.S.-listed shares of Alibaba (NYSE:) Group Holding dipped on Friday following a Morgan Stanley downgrade on considerations over slower turnaround in its key companies, simply hours after rival PDD raced previous…