Core Viewpoint - The recent news of Jack Ma's strong return to Alibaba has sparked significant market interest, with reports indicating his highest level of involvement in five years [1][3]. Group 1: Jack Ma's Involvement - Jack Ma was seen at Alibaba's B District HHB bar on September 16, accompanied by senior executive Shao Xiaofeng [1]. - There have been multiple reports over the past two years about Jack Ma's potential return, coinciding with Alibaba executives promoting a "re-entrepreneurship" slogan [3][5]. - Ma's public appearances have been closely linked to Alibaba's strategic shifts and key business initiatives, particularly in e-commerce and AI [6]. Group 2: Alibaba's Strategic Moves - Alibaba has made substantial investments in its core businesses, particularly e-commerce and "AI + Cloud," and has aggressively targeted competitors like Meituan and JD.com [3][10]. - On September 10, Alibaba celebrated its 26th anniversary by launching the "Gaode Street Ranking," directly challenging Meituan, which contributed to a new high in Alibaba's stock price [3]. - Since the beginning of 2025, Alibaba's Hong Kong stock price has surged over 100%, with its market capitalization surpassing 3 trillion HKD on September 17 [3]. Group 3: Financial Performance and Future Outlook - Alibaba's stock has shown a clear recovery trend this year, although the company is still in an investment phase for its specific business segments [10]. - The company announced a significant investment of 380 billion RMB over three years for cloud and AI infrastructure, alongside a 50 billion RMB subsidy plan for consumer sectors [10]. - In the first quarter of the 2026 fiscal year, Alibaba's "instant retail" business generated 14.784 billion RMB, a 12% increase from the previous year, driven by the growth of "Taobao Flash Sale" [10]. Group 4: Market Reactions and Expert Opinions - Experts suggest that Jack Ma's return could stabilize Alibaba's internal dynamics, emphasizing the need for a new core figure within the company [7][11]. - The ongoing competition in the local lifestyle and delivery market has seen Alibaba as a significant beneficiary, particularly in the face of challenges from Meituan and JD.com [11].
马云现身阿里园区酒吧，幕后“强势回归”？市值重回3万亿港元，阿里巴巴能“杀出”新天地吗？