News Snapshot:
Taikang Asset Management Hong Kong Co Ltd lifted its position in shares of Alibaba Group Holding Limited (NYSE:BABA) by 58.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 279,705 shares of the specialty retailer’s stock after purchasing an additional 103,303 shares during the quarter. Alibaba Group accounts for 12.7% of Taikang Asset Management Hong Kong Co Ltd’s investment portfolio, making the stock its largest holding. Taikang Asset Management Hong Kong Co Ltd’s holdings in Alibaba Group were worth $82,228,000 at the end of the most recent quarter. Several other...
