Kuries wrote a post · Mar 22 00:46

Alibaba's Taobao China Holding Limited, plans to sell 33 million shares of Xpeng Motors' ADS, with a total value of approximately $314 million.

Xpeng said in an HKEX announcement that it terminated an agreement with Taobao China entered into in June 2021 for the appointment of the Alibaba candidate as a director.

$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $Hang Seng TECH Index (800700.HK)$ $XPENG-W (09868.HK)$ $XPeng (XPEV.US)$

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Kuries

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