Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction

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Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction

Bloomberg2023-12-01

Morgan Stanley cut rating on Alibaba’s ADRs to equal-weightRival PDD reaches $196 billion market cap, surpassing AlibabaAlibaba Group Holding Ltd. received a rare downgrade from Wall Street on the ...

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Dave Fu
·2023-12-01
Take them as noises n focus on fundamentals! In the world of investing the smart money outwitted the retail investors with noises .
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Toby_Chua
·2023-12-01
Well herd mentality for analysts soon other may follow
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Danielng
·2023-12-01
ANALyst. Price go up, TP goes up. Price go down, TP goes down. Asses
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Saudi Arabia Offers Iran Investment to Blunt Gaza War. These Are the World's Most Expensive Cities to Live In Right Now. Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally. Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. 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That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.At the same time, Morgan Stanley named PDD Holdings Inc. as its top pick in China’s e-commerce sector, viewing it as “best placed amid the increasingly entrenched trait of consumer price sensitivity.”PDD — the eight-year-old upstart best known for its hit Temu marketplace — closed Thursday trading in the US with a market cap of about $196 billion, surpassing Alibaba’s value for the first time. PDD has surged more than 80% so far this year while Alibaba has dropped 15% in US trading.While Jack Ma’s Alibaba has become an icon in the internet industry, dominating online shopping in China for more than a decade, PDD has been able win customers at home and expand abroad with cut-rate pricing.Morgan Stanley also removed Alibaba from its China/HK Focus List, replacing it with mainland-listed Aluminum Corporation of China Ltd.Brokers still remain largely bullish overall on Alibaba, whose ADRs have 44 buy ratings and eight recommendations at the equivalent of hold. That compares with 52 buys and three holds for PDD.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":247246001770512,"gmtCreate":1701400820865,"gmtModify":1701400825551,"author":{"id":"3582630305022272","authorId":"3582630305022272","name":"Dave Fu","avatar":"https://community-static.tradeup.com/news/7a2df364abb41de8f63f90de07d486d5","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1},"htmlText":"Take them as noises n focus on fundamentals! In the world of investing the smart money outwitted the retail investors with noises .&nbsp;","listText":"Take them as noises n focus on fundamentals! In the world of investing the smart money outwitted the retail investors with noises .&nbsp;","text":"Take them as noises n focus on fundamentals! In the world of investing the smart money outwitted the retail investors with noises .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247246001770512","repostId":2388832470,"repostType":4,"repost":{"id":"2388832470","pubTimestamp":1701395061,"share":"https://www.laohu8.com/m/news/2388832470?lang=&edition=full","pubTime":"2023-12-01 09:44","market":"us","language":"en","title":"Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction","url":"https://stock-news.laohu8.com/highlight/detail?id=2388832470","media":"Bloomberg","summary":" -- Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.Tesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025. Saudi Arabia Offers Iran Investment to Blunt Gaza War. These Are the World's Most Expensive Cities to Live In Right Now. Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally. Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.","content":"<html><head></head><body><ul style=\"\"><li><p>Morgan Stanley cut rating on Alibaba’s ADRs to equal-weight</p></li><li><p>Rival PDD reaches $196 billion market cap, surpassing Alibaba</p></li></ul><p>Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.</p><p>Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.</p><p>Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.</p><p>At the same time, Morgan Stanley named PDD Holdings Inc. as its top pick in China’s e-commerce sector, viewing it as “best placed amid the increasingly entrenched trait of consumer price sensitivity.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eaa1e47cbd43a72bf885bfa7eb1712a4\" tg-width=\"1200\" tg-height=\"675\"/></p><p>PDD — the eight-year-old upstart best known for its hit Temu marketplace — closed Thursday trading in the US with a market cap of about $196 billion, surpassing Alibaba’s value for the first time. PDD has surged more than 80% so far this year while Alibaba has dropped 15% in US trading.</p><p>While Jack Ma’s Alibaba has become an icon in the internet industry, dominating online shopping in China for more than a decade, PDD has been able win customers at home and expand abroad with cut-rate pricing.</p><p>Morgan Stanley also removed Alibaba from its China/HK Focus List, replacing it with mainland-listed Aluminum Corporation of China Ltd.</p><p>Brokers still remain largely bullish overall on Alibaba, whose ADRs have 44 buy ratings and eight recommendations at the equivalent of hold. That compares with 52 buys and three holds for PDD.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Gets Rare Wall Street Downgrade as Rival Gains Traction\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-01 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/alibaba-gets-rare-wall-street-004339951.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Morgan Stanley cut rating on Alibaba’s ADRs to equal-weightRival PDD reaches $196 billion market cap, surpassing AlibabaAlibaba Group Holding Ltd. received a rare downgrade from Wall Street on the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alibaba-gets-rare-wall-street-004339951.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0359201612.USD":"贝莱德中国基金A2","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","BK4548":"巴美列捷福持仓","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0140636845.USD":"施罗德大中华区股票A Acc","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0048580855.USD":"富达大中华区A","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4554":"元宇宙及AR概念","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4531":"中概回港概念","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","BK4585":"ETF&股票定投概念","PDD":"拼多多","BK4534":"瑞士信贷持仓","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","BK4575":"芯片概念","BK4587":"ChatGPT概念","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4220":"综合零售","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4535":"淡马锡持仓","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","BK4501":"段永平概念","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4579":"人工智能","LU0051755006.USD":"摩根大通中国A (dist)","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4588":"碎股","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD"},"source_url":"https://finance.yahoo.com/news/alibaba-gets-rare-wall-street-004339951.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2388832470","content_text":"Morgan Stanley cut rating on Alibaba’s ADRs to equal-weightRival PDD reaches $196 billion market cap, surpassing AlibabaAlibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.At the same time, Morgan Stanley named PDD Holdings Inc. as its top pick in China’s e-commerce sector, viewing it as “best placed amid the increasingly entrenched trait of consumer price sensitivity.”PDD — the eight-year-old upstart best known for its hit Temu marketplace — closed Thursday trading in the US with a market cap of about $196 billion, surpassing Alibaba’s value for the first time. PDD has surged more than 80% so far this year while Alibaba has dropped 15% in US trading.While Jack Ma’s Alibaba has become an icon in the internet industry, dominating online shopping in China for more than a decade, PDD has been able win customers at home and expand abroad with cut-rate pricing.Morgan Stanley also removed Alibaba from its China/HK Focus List, replacing it with mainland-listed Aluminum Corporation of China Ltd.Brokers still remain largely bullish overall on Alibaba, whose ADRs have 44 buy ratings and eight recommendations at the equivalent of hold. That compares with 52 buys and three holds for PDD.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":247234177437784,"gmtCreate":1701397827097,"gmtModify":1701397831876,"author":{"id":"3576326749731922","authorId":"3576326749731922","name":"Toby_Chua","avatar":"https://community-static.tradeup.com/news/82ec063fd73ccbceee82eab015cdf3fd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Well herd mentality for analysts soon other may follow&nbsp;","listText":"Well herd mentality for analysts soon other may follow&nbsp;","text":"Well herd mentality for analysts soon other may follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247234177437784","repostId":2388832470,"repostType":4,"repost":{"id":"2388832470","pubTimestamp":1701395061,"share":"https://www.laohu8.com/m/news/2388832470?lang=&edition=full","pubTime":"2023-12-01 09:44","market":"us","language":"en","title":"Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction","url":"https://stock-news.laohu8.com/highlight/detail?id=2388832470","media":"Bloomberg","summary":" -- Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.Tesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025. Saudi Arabia Offers Iran Investment to Blunt Gaza War. These Are the World's Most Expensive Cities to Live In Right Now. Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally. Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.","content":"<html><head></head><body><ul style=\"\"><li><p>Morgan Stanley cut rating on Alibaba’s ADRs to equal-weight</p></li><li><p>Rival PDD reaches $196 billion market cap, surpassing Alibaba</p></li></ul><p>Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.</p><p>Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.</p><p>Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.</p><p>At the same time, Morgan Stanley named PDD Holdings Inc. as its top pick in China’s e-commerce sector, viewing it as “best placed amid the increasingly entrenched trait of consumer price sensitivity.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eaa1e47cbd43a72bf885bfa7eb1712a4\" tg-width=\"1200\" tg-height=\"675\"/></p><p>PDD — the eight-year-old upstart best known for its hit Temu marketplace — closed Thursday trading in the US with a market cap of about $196 billion, surpassing Alibaba’s value for the first time. PDD has surged more than 80% so far this year while Alibaba has dropped 15% in US trading.</p><p>While Jack Ma’s Alibaba has become an icon in the internet industry, dominating online shopping in China for more than a decade, PDD has been able win customers at home and expand abroad with cut-rate pricing.</p><p>Morgan Stanley also removed Alibaba from its China/HK Focus List, replacing it with mainland-listed Aluminum Corporation of China Ltd.</p><p>Brokers still remain largely bullish overall on Alibaba, whose ADRs have 44 buy ratings and eight recommendations at the equivalent of hold. That compares with 52 buys and three holds for PDD.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Gets Rare Wall Street Downgrade as Rival Gains Traction\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-01 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/alibaba-gets-rare-wall-street-004339951.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Morgan Stanley cut rating on Alibaba’s ADRs to equal-weightRival PDD reaches $196 billion market cap, surpassing AlibabaAlibaba Group Holding Ltd. received a rare downgrade from Wall Street on the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alibaba-gets-rare-wall-street-004339951.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0359201612.USD":"贝莱德中国基金A2","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","BK4548":"巴美列捷福持仓","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0140636845.USD":"施罗德大中华区股票A Acc","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0048580855.USD":"富达大中华区A","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4554":"元宇宙及AR概念","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4531":"中概回港概念","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","BK4585":"ETF&股票定投概念","PDD":"拼多多","BK4534":"瑞士信贷持仓","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","BK4575":"芯片概念","BK4587":"ChatGPT概念","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4220":"综合零售","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4535":"淡马锡持仓","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","BK4501":"段永平概念","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4579":"人工智能","LU0051755006.USD":"摩根大通中国A (dist)","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4588":"碎股","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD"},"source_url":"https://finance.yahoo.com/news/alibaba-gets-rare-wall-street-004339951.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2388832470","content_text":"Morgan Stanley cut rating on Alibaba’s ADRs to equal-weightRival PDD reaches $196 billion market cap, surpassing AlibabaAlibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.At the same time, Morgan Stanley named PDD Holdings Inc. as its top pick in China’s e-commerce sector, viewing it as “best placed amid the increasingly entrenched trait of consumer price sensitivity.”PDD — the eight-year-old upstart best known for its hit Temu marketplace — closed Thursday trading in the US with a market cap of about $196 billion, surpassing Alibaba’s value for the first time. PDD has surged more than 80% so far this year while Alibaba has dropped 15% in US trading.While Jack Ma’s Alibaba has become an icon in the internet industry, dominating online shopping in China for more than a decade, PDD has been able win customers at home and expand abroad with cut-rate pricing.Morgan Stanley also removed Alibaba from its China/HK Focus List, replacing it with mainland-listed Aluminum Corporation of China Ltd.Brokers still remain largely bullish overall on Alibaba, whose ADRs have 44 buy ratings and eight recommendations at the equivalent of hold. That compares with 52 buys and three holds for PDD.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":247223727607904,"gmtCreate":1701395276683,"gmtModify":1701395281203,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":7,"crmLevelSwitch":1},"htmlText":"ANALyst. Price go up, TP goes up. Price go down, TP goes down. Asses","listText":"ANALyst. Price go up, TP goes up. Price go down, TP goes down. Asses","text":"ANALyst. Price go up, TP goes up. Price go down, TP goes down. Asses","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247223727607904","repostId":2388832470,"repostType":2,"repost":{"id":"2388832470","pubTimestamp":1701395061,"share":"https://www.laohu8.com/m/news/2388832470?lang=&edition=full","pubTime":"2023-12-01 09:44","market":"us","language":"en","title":"Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction","url":"https://stock-news.laohu8.com/highlight/detail?id=2388832470","media":"Bloomberg","summary":" -- Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.Tesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025. Saudi Arabia Offers Iran Investment to Blunt Gaza War. These Are the World's Most Expensive Cities to Live In Right Now. Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally. Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.","content":"<html><head></head><body><ul style=\"\"><li><p>Morgan Stanley cut rating on Alibaba’s ADRs to equal-weight</p></li><li><p>Rival PDD reaches $196 billion market cap, surpassing Alibaba</p></li></ul><p>Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.</p><p>Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.</p><p>Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.</p><p>At the same time, Morgan Stanley named PDD Holdings Inc. as its top pick in China’s e-commerce sector, viewing it as “best placed amid the increasingly entrenched trait of consumer price sensitivity.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eaa1e47cbd43a72bf885bfa7eb1712a4\" tg-width=\"1200\" tg-height=\"675\"/></p><p>PDD — the eight-year-old upstart best known for its hit Temu marketplace — closed Thursday trading in the US with a market cap of about $196 billion, surpassing Alibaba’s value for the first time. PDD has surged more than 80% so far this year while Alibaba has dropped 15% in US trading.</p><p>While Jack Ma’s Alibaba has become an icon in the internet industry, dominating online shopping in China for more than a decade, PDD has been able win customers at home and expand abroad with cut-rate pricing.</p><p>Morgan Stanley also removed Alibaba from its China/HK Focus List, replacing it with mainland-listed Aluminum Corporation of China Ltd.</p><p>Brokers still remain largely bullish overall on Alibaba, whose ADRs have 44 buy ratings and eight recommendations at the equivalent of hold. That compares with 52 buys and three holds for PDD.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Gets Rare Wall Street Downgrade as Rival Gains Traction\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-01 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/alibaba-gets-rare-wall-street-004339951.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Morgan Stanley cut rating on Alibaba’s ADRs to equal-weightRival PDD reaches $196 billion market cap, surpassing AlibabaAlibaba Group Holding Ltd. received a rare downgrade from Wall Street on the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alibaba-gets-rare-wall-street-004339951.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0359201612.USD":"贝莱德中国基金A2","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","BK4548":"巴美列捷福持仓","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0140636845.USD":"施罗德大中华区股票A Acc","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0048580855.USD":"富达大中华区A","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4554":"元宇宙及AR概念","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4531":"中概回港概念","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","BK4585":"ETF&股票定投概念","PDD":"拼多多","BK4534":"瑞士信贷持仓","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","BK4575":"芯片概念","BK4587":"ChatGPT概念","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4220":"综合零售","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4535":"淡马锡持仓","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","BK4501":"段永平概念","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4579":"人工智能","LU0051755006.USD":"摩根大通中国A (dist)","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4588":"碎股","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD"},"source_url":"https://finance.yahoo.com/news/alibaba-gets-rare-wall-street-004339951.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2388832470","content_text":"Morgan Stanley cut rating on Alibaba’s ADRs to equal-weightRival PDD reaches $196 billion market cap, surpassing AlibabaAlibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.At the same time, Morgan Stanley named PDD Holdings Inc. as its top pick in China’s e-commerce sector, viewing it as “best placed amid the increasingly entrenched trait of consumer price sensitivity.”PDD — the eight-year-old upstart best known for its hit Temu marketplace — closed Thursday trading in the US with a market cap of about $196 billion, surpassing Alibaba’s value for the first time. PDD has surged more than 80% so far this year while Alibaba has dropped 15% in US trading.While Jack Ma’s Alibaba has become an icon in the internet industry, dominating online shopping in China for more than a decade, PDD has been able win customers at home and expand abroad with cut-rate pricing.Morgan Stanley also removed Alibaba from its China/HK Focus List, replacing it with mainland-listed Aluminum Corporation of China Ltd.Brokers still remain largely bullish overall on Alibaba, whose ADRs have 44 buy ratings and eight recommendations at the equivalent of hold. That compares with 52 buys and three holds for PDD.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":9,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}