According to the latest data from the Hong Kong Stock Exchange, on June 3rd, JPMorgan Chase sold approximately 16.64 million shares of Alibaba (HKEX: 09988).
The transaction was executed at an average price of around HK$127.15 per share, resulting in a total value of roughly HK$2.115 billion.
Following this divestment, JPMorgan Chase's remaining holding in the company stands at about 1.336 billion shares, representing a stake of 6.95%.
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