---
title: "JP Morgan reduced its holdings in Alibaba by approximately 16.6358 million shares at an average price of about HKD 127.15 per share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289185355.md"
description: "According to the latest information from the Hong Kong Stock Exchange, on June 3rd, JP Morgan reduced its holdings in Alibaba by 16,635,835 shares, with an average price of HKD 127.1498 per share, totaling approximately HKD 2.115 billion. After the reduction, the latest number of shares held is approximately 1.336 billion, with a latest holding ratio of 6.95%"
datetime: "2026-06-09T11:57:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289185355.md)
  - [en](https://longbridge.com/en/news/289185355.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289185355.md)
---

# JP Morgan reduced its holdings in Alibaba by approximately 16.6358 million shares at an average price of about HKD 127.15 per share

According to the latest information from the Hong Kong Stock Exchange, on June 3rd, JP Morgan reduced its holdings in Alibaba (09988) by 16,635,835 shares, with an average price of HKD 127.1498 per share, totaling approximately HKD 2.115 billion. After the reduction, the latest number of shares held is approximately 1.336 billion, with a latest holding ratio of 6.95%

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