Kuries wrote a post · May 30 21:38

Alibaba Sells 14.4% Stake in BAOZUN-W to Champion Kerry

$BAOZUN-W(09991.HK)$ announced Alibaba Investment sold 14.4% stake to Champion Kerry. Alibaba Investment ceases to be a shareholder, while Champion Kerry becomes substantial shareholder. Business relationship with Alibaba Investment continues. Director Yang Liu resigns due to shareholding changes.

$ALIBABA GROUP HOLDING LTD(BABAF.US)$ $Alibaba(BABA.US)$ $BABA-SW(09988.HK)$

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Kuries

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