Bank of Nova Scotia Sharpy Cut ITS Position in Alibaba Group Holding Limited During the First Quarter, Reductant ITS STake By 89.7%, According to The Firm’s Latest Sec disclosure
The Philing Shows Bank of Nova Scotia Sold 45,923 Shares in the Period, Leaving It With 5.273 Shares of Alibaba, Valued At Approximately $ 697,000 at the time of the report
Separate disclosures Indicate a Broader Pattern of Institutional Repositioning Around Alibaba in Recent Months, Including at 14.4% Reduction by Scotia Capital Inc., Which Trimmed Its Holding to 29,816 Shares Valued at About $ 3.94 Million As Of The End of the Quarter.
Market Trackers Also Note Active Changes Among Other Institts’ Alibaba Exposures Through Q2, Reinforcing a Dynamic Ownership Backdrop as Investors Reassses China Tech Allocations and Company-Specific Catalysts.
