According to the latest data from the Hong Kong Stock Exchange, on June 3rd, JPMorgan Chase sold approximately 16.64 million shares of Alibaba (HKEX: 09988).

The transaction was executed at an average price of around HK$127.15 per share, resulting in a total value of roughly HK$2.115 billion.

Following this divestment, JPMorgan Chase's remaining holding in the company stands at about 1.336 billion shares, representing a stake of 6.95%.