Sou Hu Cai Jing·2025-12-12 19:36Core Viewpoint - Southbound funds increased their holdings in Alibaba-W (09988.HK) by 2.2273 million shares on December 12, indicating a positive sentiment towards the stock despite recent fluctuations in trading volume [1] Group 1: Southbound Fund Activity - Over the past five trading days, southbound funds have reduced their holdings on three occasions, resulting in a total net reduction of 7.2079 million shares [1] - In the last twenty trading days, there have been 17 days of net increases in southbound fund holdings, totaling an increase of 176 million shares [1] - Currently, southbound funds hold 2.2221 billion shares of Alibaba-W, which represents 11.62% of the company's total issued ordinary shares [1] Group 2: Company Overview - Alibaba Group Holding Limited provides technological infrastructure and marketing platforms, operating through seven business segments [1] - The China Commerce segment includes retail businesses such as Taobao, Tmall, and Hema, as well as wholesale operations [1] - The International Commerce segment encompasses international retail and wholesale businesses, including Lazada and AliExpress [1] - The Local Consumer Services segment covers location-based services like Ele.me, Amap, and Fliggy [1] - The Cainiao segment offers domestic and international logistics services and supply chain management solutions [1] - The Cloud segment provides public and hybrid cloud services to domestic and international enterprises, including Alibaba Cloud and DingTalk [1] - The Digital Media and Entertainment segment includes Youku, Quark, Alibaba Pictures, and other content and distribution platforms, as well as online gaming [1] - The Innovation Initiatives and Others segment consists of DAMO Academy, Tmall Genie, and other businesses [1]