Morgan Stanley: Alibaba Cloud’s growth logic is "intact," and the market has not fully priced it in.
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Morgan Stanley says that although the core e-commerce business (CMR) growth has slowed in the short term, the main pillar of Alibaba's investment logic—Alibaba Cloud—remains solid in its growth.
On November 26, according to Zhuifeng Trading Desk, Morgan Stanley stated in its latest research report that