---
title: "Alibaba reduced its holdings in Red Star Macalline by 3.4407 million shares, bringing its shareholding to 5.93%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277602420.md"
description: "The stock disclosure from the Hong Kong Stock Exchange shows that Alibaba reduced its holdings in Red Star Macalline by 3.4407 million shares on February 25, at an average price of RMB 2.6334, decreasing its stake from 6.03% to 5.93%"
datetime: "2026-03-03T09:44:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277602420.md)
  - [en](https://longbridge.com/en/news/277602420.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277602420.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277602420.md) | [繁體中文](https://longbridge.com/zh-HK/news/277602420.md)


# Alibaba reduced its holdings in Red Star Macalline by 3.4407 million shares, bringing its shareholding to 5.93%

The stock disclosure from the Hong Kong Stock Exchange shows that Alibaba (09988.HK)(BABA.US) reduced its holdings in Red Star Macalline (01528.HK) by 3.4407 million shares on February 25, at an average price of RMB 2.6334, decreasing its stake from 6.03% to 5.93%

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