Alibaba owns 202.8 million shares in China International Capital Corporation. Photo: Reuters

Alibaba acquires 4.84 per cent stake in mainland China bank CICC to become third-largest shareholder after Tencent

  • Company acquired 117 million shares at an average price of HK$15.5 per share on February 14
  • Tencent took up 4.95 per cent stake in CICC in September 2017
Topic |   Alibaba

TOP PICKS

Alibaba owns 202.8 million shares in China International Capital Corporation. Photo: Reuters
READ FULL ARTICLE