Oriental Harbor Invests $39.5 Million in Alibaba

Hong Kong-based Oriental Harbor Investment Master Fund established a new stake in Alibaba Group Holding Limited (NYSE:BABA) during the third quarter, investing approximately $39.5 million for about 221,003 shares, according to a recent SEC filing. This position represents 3.1% of the fund’s reportable U.S. equity assets as of September 30.

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