$XPeng (XPEV.US)$ BaBa sold 25M shares JP Morgan added 24.86...
BaBa sold 25M shares
JP Morgan added 24.86M (USD 343.31M) Shares and became 5th largest shareholder
Porsche added 47.04M (USD 650.17M) shares and is 3rd largest
Mitsubishi added 939k (USD 12.96M) shares
All in USD 1B purchased by JP Morgan, Porsche, Mitsubishi. More than what BaBa sold 25M shares
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ZnWC : You didn't show the amount of Xpeng shares sold on 15 and 19 Dec:
Alibaba 25 M share (USD 459M )
Eaton Vance 57.22K (USD 1.05M)
JP Morgan 68.42K + 112.82K (USD 1.26+ USD 2.07M)
Morgan Stanley 11.38K (USD 208.95M)
I have not showed share sold on 30 Nov which is more than USD 1B worth. Share price plunged after Alibaba reduced its stake. Read here for detail:
Share price dropped 5% after Alibaba sell Xpeng share reducing stake from 19% to 12.5%
retiredd OP ZnWC : The point is JP Morgan and Porsche continue to buy Xpeng.
ZnWC retiredd OP : The date bought is 15 Dec. The dates sold are 15 and 19 Dec. The point is Alibaba, Eaton and JP Morgan continue to sell.
retiredd OP ZnWC : You mean JP morgan sold 112k and 68k but bought 24M. Thats nett gain. Anyway, you see what you believe
ZnWC retiredd OP : It is not about what I believe. It's about how the media report and Alibaba reduced the stake from 19% to 12.5%.
MonkeyGee retiredd OP : I wouldn't even bother. Some people are on Tsla high. wait till it comes back down to earth. Telsa might be the first, but they are no longer the top. Their autodrive is the worst. checkout videos on it, can't park, launch car in traffic, sudden stops. if Telsa is smart, they would buy xpeng while they are still cheap.
MonkeyGee retiredd OP : ha......trying to explain math to a Telsa lover is like teaching them auto parking. just can't be done.