Sou Hu Cai Jing·2026-01-15 19:31Group 1 - Southbound funds increased their holdings in Alibaba-W (09988.HK) by 6.5554 million shares on January 15 [1] - Over the past 5 trading days, there was a net reduction of 6.504 million shares, with southbound funds reducing their holdings on one day [1] - In the last 20 trading days, there were 8 days of net reductions totaling 12.5551 million shares [1] Group 2 - As of now, southbound funds hold 2.204 billion shares of Alibaba-W, accounting for 11.53% of the company's total issued ordinary shares [1] - Alibaba Group operates seven business segments, including China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others [1] - The China Commerce segment includes retail businesses such as Taobao, Tmall, and Hema, as well as wholesale operations [1]