Alibaba Bank Hong Kong Investment Online Shopping stock market
Tree Line Advisors Hong Kong Ltd. reduced its position in Alibaba Group Holding Limited (NYSE:BABA) by 80.6% during its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,000 shares of the specialty retailer's stock after selling 270,000 Alibaba Group accounts for about 2.6% of Tree Line Advisors Hong Kong Ltd.'s investment 7th biggest position. Tree Line Advisors Hong Kong Ltd.'s holdings in Alibaba Group were worth $15,127,000 at the end of the most recent reporting period. Several other and hedge funds have also added to or reduced their stakes in BABA. Third Point…
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