FengHe Fund Management Pte. Ltd. acquired a new stake in shares of Alibaba Group Holding Limited ( NYSE:BABA – Get Rating ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 41,900 shares of the specialty retailer's stock, valued at approximately $3,691,000. Alibaba Group accounts for approximately 0.5% of FengHe Fund Management Pte. Ltd.'s holdings, making the stock its 14th largest position. Several other large investors also recently added to or reduced their stakes in the business.

https://www.dailypolitical.com/2023/04/08/fenghe-fund-management-pte-ltd-invests-3-69-million-in-alibaba-group-holding-limited-nysebaba.html

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