Alibaba 下落するs on MS downgrade as PDD 得る，とらえるs 位置／汚点／見つけ出す of most 価値のある Chinese e-商業 会社／堅い
Dec 1 (Reuters) - U.S.-名簿（に載せる）／表（にあげる）d 株 of Alibaba Group 持つ／拘留するing dipped on Friday に引き続いて a Morgan Stanley downgrade on 関心s over slower turnaround in its 重要な 商売／仕事s, just hours after 競争相手 PDD raced past to become the most 価値のある Chinese e-商業 会社／堅い.
Alibaba's U.S. 株 slipped 1.5% to $73.7 in premarket 貿易（する）ing, 跡をつけるing a fresh one-year low. They are 負かす／撃墜する 14% since the company 地位，任命するd in line second-４半期/4分の1 歳入 and scrapped 計画（する）s to spin off its cloud 商売／仕事.
一方／合間, 株 of PDD Holdings have 殺到するd に引き続いて stellar 年４回の results from the Temu parent this week. The company の近くにd with a market capitalization of nearly $196 billion on Thursday, より勝るing Alibaba's market value of $190.45 billion.
Morgan Stanley 分析家s downgraded Alibaba to "equal-負わせる" from "overweight", flagging 関心s over softness in its 顧客 管理／経営 歳入 and cloud 商売／仕事 予定 to sagging 経済的な 回復 in 中国.
They also 公式文書，認めるd 不確定s from the 決定／判定勝ち（する） to 捨てる the spin-off of its cloud 商売／仕事.
The 仲買業 削減（する） its price 的 on the 在庫／株 to $90 from $110, the second lowest on 塀で囲む Street, as per LSEG data.
Alibaba's U.S. 株, 負かす／撃墜する about 15% so far this year, are 始める，決める for their third 連続した year of losses.
On the other 手渡す, Morgan Stanley 指名するd PDD as its 最高の，を越す 選ぶ in the 部門, 説 the company is best placed to navigate the 現在の 経済的な 環境 with its 激しい 割引ing steps.
"We 推定する／予想する PDD to continue to 伸び（る） 株 in the 国内の market thanks to its 都合のよい 商売／仕事 model まっただ中に 消費者s' 行為 転換," Morgan Stanley's Eddy Wang 公式文書，認めるd, 追加するing that its cross-国境 e-商業 商売／仕事, Temu, is not fully valued by the market.
PDD 株 were 負かす／撃墜する 1.4% premarket at $145.4 but have 殺到するd more than 80% in 2023, handily outperforming its peers. (報告（する）／憶測ing by Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila)
