01528 Overview

BABA-W Stock Performance: BABA-W (09988.HK) experienced a decline of 1.173%, with short selling amounting to $1.56 billion and a ratio of 13.872%.

Stake Reduction in RS MACALLINE: BABA (BABA.US) reduced its stake in RS MACALLINE (01528.HK) by 3.4407 million shares, lowering its holding from 6.03% to 5.93% at an average price of RMB2.6334.

Market Insights from UBS: UBS suggests that if China successfully achieves reflation, the stock market could potentially rise by 20%, advising a reduction in exposure to the internet sector.

Stock Quote Delays: It is noted that Hong Kong stock quotes are delayed by at least 15 minutes, and real-time streaming for US stocks is also subject to delays for OTC quotes.

Shareholding Reduction: RS MACALLINE announced a reduction in holdings by Taobao Holding and New Retail Fund, totaling 22.0965 million H-shares, which is 0.51% of the company's total share capital.

Breakdown of Reductions: The New Retail Fund sold 6.1801 million H-shares (0.14% of total), while Taobao Holding sold 15.9164 million H-shares (0.37% of total) through centralized bidding between December 17 and 22, 2025.

BABA-W Stock Performance: BABA-W (09988.HK) experienced a decline of 1.301%, with short selling amounting to $829.59 million and a ratio of 12.264%.

Stake Reduction in RS MACALLINE: BABA-W reduced its stake in RS MACALLINE (01528.HK) by approximately 21.14 million shares, lowering its ownership from 8.57% to 5.71% at an average price of $1.2949 per share.

Shareholder Reduction Announcement: RS MACALLINE's shareholder Hangzhou Haoyue plans to reduce its holdings by up to 130 million shares, which is 3% of the company's total equity, between December 25, 2025, and March 24, 2026.

Trading Restrictions: The share reduction will adhere to the Hong Kong Listing Rules, prohibiting trading during specified window and silent periods.

Related Shareholding Entities: Hangzhou Haoyue, along with Taobao Holdings and New Retail Fund, are acting in concert and collectively hold 8.03% of RS MACALLINE's shares.

Market Context: The article also mentions a related news item about M Stanley's report on US plans to add Alibaba, Baidu, and BYD to a specific list, reiterating an overweight rating for Alibaba.