Yifan Wang / Wall Street Journal:
Under pressure from China, Alibaba's market value has declined from a peak of $850B in October 2020 to ~$460B today; filings show T. Rowe and others cut stakes — They may have to wait a while for the former market darling to regain its glory — SINGAPORE—Investors are betting the worst …
from Techmeme https://ift.tt/3EIHrbB
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