阿里一周减持三家上市公司

Core Viewpoint - Alibaba Group has accelerated the reduction of its external investments, particularly in the AI sector, while divesting from several listed companies in a short period [3][4]. Group 1: Recent Divestments - On December 17, Huayi Brothers announced that Alibaba's shareholder, Alibaba Venture Capital, reduced its stake by 29,526,820 shares, representing 1.064219% of the total share capital, bringing their total holding down to 4.999996% [3]. - Also on December 17, Aojie Technology reported that Alibaba (China) Network Technology Co., Ltd. completed a reduction of 12,549,000 shares, accounting for 3% of the total share capital, with a total transaction value of 1.056 billion yuan [3][4]. - On December 16, Red Star Macalline disclosed that from December 12 to December 16, Taobao Holdings and New Retail Fund collectively reduced their holdings by 41,646,600 H shares, which is 0.96% of the total share capital, decreasing their stake from 7.33% to 6.37% [4]. Group 2: Shift in Investment Focus - Over the past two years, Alibaba has been focusing on its core business and reducing investments in non-core areas, having previously divested from companies like Kuaigou Dache, Bilibili, and others [4]. - As of the end of 2025, Alibaba appears to be accelerating the divestment of external assets, with a significant shift towards AI investments [4][5]. - Data from Tianyi Think Tank indicates that the proportion of Alibaba's investments in the AI sector increased from 4% before 2023 to 50% after 2023 [4]. Group 3: AI Investment Activity - Alibaba's investments in embodied intelligence have become more active, with notable investments in companies such as Beijing Xingdong Jiyuan Technology Co., Ltd. and others throughout the year [5]. - Alibaba's CEO has indicated that the future may see more agents and robots than the global population, highlighting the importance of embodied intelligence in Alibaba Cloud's future AI applications and computing power usage [5]. - The company's financial reports show a significant cash flow impact, with a net cash flow from operating activities of 10.099 billion yuan, a 68% decrease year-on-year, and a free cash flow outflow of 21.840 billion yuan [5].