VIPSHOP HLDGS LTD

Ticker: VIPS CUSIP: 92763W103 Class: Foreign Stock

NINE MASTS CAPITAL Ltd's Holding History (CIK: 0001569356)

Note: Option positions (PUT/CALL) are excluded.

Q4 2018

Shares 46,101 Value ($000) $252 Avg Close — Range —

Q3 2018

Shares 222,068 Value ($000) $1,386 Avg Close — Range —

Q2 2018

Shares 66,873 Value ($000) $726 Avg Close — Range —

Q1 2018

Shares 207,625 Value ($000) $3,451 Avg Close — Range —

Q1 2016

Shares 234,351 Value ($000) $3,018 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	46,101	$252	—	—
Q3 2018	222,068	$1,386	—	—
Q2 2018	66,873	$726	—	—
Q1 2018	207,625	$3,451	—	—
Q1 2016	234,351	$3,018	—	—