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BRIEF-Suning Commerce plans to unload shares in Alibaba
November 13, 2017 / 1:22 PM / 12 days ago

BRIEF-Suning Commerce plans to unload shares in Alibaba

Nov 13 (Reuters) - Suning Commerce Group Co Ltd

* Says it plans to unload up to 5.5 million shares in Alibaba , representing 0.22 percent of total issued share capital

* Says it will own 0.82 percent stake in Alibaba after transaction

Source text in Chinese: bit.ly/2yWGQ8C

Further company coverage: (Reporting by Hong Kong newsroom)

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