Prime Capital Management Co Ltd Buys SINA Corp, Vipshop Holdings, Uber Technologies Inc, Sells Momo Inc, Alibaba Group Holding

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May 14, 2020
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Hong Kong, K3, based Investment company Prime Capital Management Co Ltd (Current Portfolio) buys SINA Corp, Vipshop Holdings, Uber Technologies Inc, sells Momo Inc, Alibaba Group Holding during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Prime Capital Management Co Ltd. As of 2020Q1, Prime Capital Management Co Ltd owns 4 stocks with a total value of $264 million. These are the details of the buys and sells.

For the details of Prime Capital Management Co Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/prime+capital+management+co+ltd/current-portfolio/portfolio

These are the top 5 holdings of Prime Capital Management Co Ltd
  1. ZTO Express (Cayman) Inc (ZTO) - 7,013,983 shares, 70.47% of the total portfolio.
  2. SINA Corp (SINA) - 1,243,672 shares, 15.02% of the total portfolio. New Position
  3. Vipshop Holdings Ltd (VIPS) - 2,025,460 shares, 11.97% of the total portfolio. New Position
  4. Uber Technologies Inc (UBER) - 239,296 shares, 2.53% of the total portfolio. New Position
  5. Alibaba Group Holding Ltd (BABA) - 0 shares, 0.00% of the total portfolio. Shares reduced by 10000%
New Purchase: SINA Corp (SINA)

Prime Capital Management Co Ltd initiated holding in SINA Corp. The purchase prices were between $27.83 and $44.52, with an estimated average price of $36.99. The stock is now traded at around $33.20. The impact to a portfolio due to this purchase was 15.02%. The holding were 1,243,672 shares as of .

New Purchase: Vipshop Holdings Ltd (VIPS)

Prime Capital Management Co Ltd initiated holding in Vipshop Holdings Ltd. The purchase prices were between $12.25 and $17.13, with an estimated average price of $14.22. The stock is now traded at around $17.31. The impact to a portfolio due to this purchase was 11.97%. The holding were 2,025,460 shares as of .

New Purchase: Uber Technologies Inc (UBER)

Prime Capital Management Co Ltd initiated holding in Uber Technologies Inc. The purchase prices were between $14.82 and $41.27, with an estimated average price of $33. The stock is now traded at around $33.02. The impact to a portfolio due to this purchase was 2.53%. The holding were 239,296 shares as of .

Sold Out: Momo Inc (MOMO)

Prime Capital Management Co Ltd sold out a holding in Momo Inc. The sale prices were between $20 and $40.64, with an estimated average price of $30.02.

Sold Out: Alibaba Group Holding Ltd (BABA)

Prime Capital Management Co Ltd sold out a holding in Alibaba Group Holding Ltd. The sale prices were between $176.34 and $230.48, with an estimated average price of $209.23.



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