Alibaba Reorganization Welcomed by the Biggest Stocks Rally …

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BEIJING, December 6 (TMTPOST)— Investors showed enthusiasm about Alibaba’s major leadership shakeup as the Chinese tech giant’s U.S.-listed shares posted their best daily performance for more than four years.Source: Alibaba GroupThe American depositary receipts (ADRs) of Alibaba jumped more than 10% and closed 10.4% higher on Monday, creating their largest daily gain since June 8, 2017. The Nasdaq G