Sou Hu Cai Jing·2026-02-13 19:41Group 1 - Southbound funds reduced their holdings in Alibaba-W (09988.HK) by 3.25 million shares on February 13 [1] - Over the past five trading days, southbound funds increased their holdings on four days, with a total net increase of 18.55 million shares [1] - In the last 20 trading days, there were 12 days of net increases in southbound fund holdings, totaling 27.27 million shares [1] - As of now, southbound funds hold 2.238 billion shares of Alibaba-W, accounting for 11.71% of the company's total issued ordinary shares [1] Group 2 - Alibaba Group Holding Limited provides technological infrastructure and marketing platforms, operating across 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 services segment includes location-based services such as 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 and other segment comprises DAMO Academy, Tmall Genie, and other businesses [1]