Taikang Asset Management Hong Kong Co Ltd Increases Position in Alibaba Group Holding Limited (NYSE:BABA)


Source: americanbankingnews.com americanbankingnews.com

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Taikang Asset Management Hong Kong Co Ltd lifted its position in shares of Alibaba Group Holding Limited (NYSE:BABA) by 11.9% during the second the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,000 shares of the specialty retailer’s stock after purchasing an additional 29,800 shares during the quarter. Alibaba Group accounts for 9.8% of Taikang Asset Management Hong Kong Co Ltd’s portfolio, making the stock its largest position. Taikang Asset Management Hong Kong Co Ltd’s holdings in Alibaba Group were worth $63,498,000 at the end of the most recent reporting...