Sou Hu Cai Jing·2025-11-17 19:35Core Insights - Southbound funds increased their holdings in Alibaba-W (09988.HK) by 8.25 million shares on November 17, 2025, marking a 0.40% increase in total holdings [1][2] - Over the past five trading days, southbound funds have reduced their holdings on four occasions, resulting in a cumulative net reduction of 32.71 million shares [1][2] - In the last twenty trading days, there have been 14 days of net reductions, totaling 72.90 million shares [1][2] - As of now, southbound funds hold 2.053 billion shares of Alibaba-W, which represents 10.75% of the company's total issued ordinary shares [1][2] Summary by Sections Trading Activity - On November 17, 2025, total shares held by southbound funds reached 2.053 billion, with an increase of 8.25 million shares [2] - On November 14, 2025, there was a decrease of 21.96 million shares, reflecting a -1.06% change [2] - The trading activity over the previous days shows a consistent pattern of reductions, with notable decreases on November 13 (-12.68 million shares), November 12 (-4.04 million shares), and November 11 (-2.27 million shares) [2] Company Overview - Alibaba Group Holding Limited provides technology infrastructure and marketing platforms, operating across seven business segments [2] - The segments include: - China Commerce: Retail businesses like Taobao, Tmall, and Hema, as well as wholesale operations - International Commerce: Retail and wholesale businesses such as Lazada and AliExpress - Local Services: Location-based services like Ele.me, Amap, and Fliggy - Cainiao: Domestic and international logistics services and supply chain management solutions - Cloud Computing: Public and hybrid cloud services, including Alibaba Cloud and DingTalk - Digital Media and Entertainment: Platforms like Youku, Quark, and Alibaba Pictures, along with online gaming - Innovation and Other: Includes DAMO Academy, Tmall Genie, and other ventures [2]