Sou Hu Cai Jing·2026-02-11 19:32Group 1 - Southbound funds increased their holdings in Alibaba-W (09988.HK) by 317,000 shares on February 11, 2026, marking an increase of 0.01% [1][2] - Over the past five trading days, southbound funds have increased their holdings on four occasions, with a total net increase of 20.53 million shares [1] - In the last 20 trading days, there have been 13 days of net increases, totaling 42.86 million shares, bringing the total shares held by southbound funds to 2.24 billion, which represents 11.72% of the company's issued ordinary shares [1][2] Group 2 - Alibaba Group operates seven business segments, including Chinese retail (Taobao, Tmall, Hema), international retail (Lazada, AliExpress), local services (Ele.me, Amap, Fliggy), logistics (Cainiao), cloud services (Alibaba Cloud, DingTalk), digital media and entertainment (Youku, Quark, Alibaba Pictures), and innovation and other businesses (Damo Academy, Tmall Genie) [2]