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JPMorgan reduced its stake in Alibaba (09988) by approximately 16.6358 million shares at an average price of about HK$127.15 per share.
On June 3, JPMorgan reduced its stake in Alibaba (09988) by 16,635,835 shares at an average price of HK$127.1498 per share, for a total transaction value of approximately HK$2.115 billion.
Alibaba has established a 'Token Factory' to accelerate its 'shovel-making' efforts.
The top executive oversees the operation.
Zhitong HK Connect Active Trading | June 9
Stock Connect Active Trading | June 9, 2026
Express News | According to Hong Kong Exchange disclosures, JPMorgan reduced its stake in Alibaba-WH shares from 7.04% to 6.95% on June 3, with an average selling price of HK$127.1498 per share.