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Temasek pares Alibaba stake during share price's rally in Q4

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TEMASEK Holdings Pte Ltd cut its stake in Alibaba Group Holding Ltd in the fourth quarter as the biggest Chinese e-commerce company's shares rallied.

Singapore

TEMASEK Holdings Pte Ltd cut its stake in Alibaba Group Holding Ltd in the fourth quarter as the biggest Chinese e-commerce company's shares rallied.

The Singapore investment firm sold 548,769 American depositary receipts (ADRs) in Alibaba, leaving it with 47.5 million,...

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