The former president of Alibaba increases its holdings

Alibaba's co -founder Ma Yun contradicts his high -profile image and criticism, and he has basically disappeared from the public view.Last year, he gave up his control over the Ant Group of Ali's Fintech Sister Company, and seemed to keep a distance from this technology giant.

However, it is understood that those who have discussed the incident that this matter has been revealed that in recent months, the man who has been regarded as the strongest CEO of China has been buying Ali stocks. His long -term business partners, his long -term business partners,The same is true of Cai Chongxin, chairman of Alibaba's board of directors.

This is Ali's latest turning point, indicating that Ma Yun and Cai Chongxin believed that the company's stock was underestimated. Earlier, its stock price had plummeted to a small part of the highest point in 2020.

A document submitted to the securities regulatory agency on Tuesday confirmed that Cai Chongxin purchased about $ 151 million in Alibaba's stock through his family investment company Lanchi Capital in the fourth quarter.A person familiar with the matter revealed that Ma Yun, the chairman of the board of directors in 2019 but still the major Ayi shareholder, bought about 50 million US dollars in Ali Hong Kong stocks in the fourth quarter.(Both of them originally held a lot of Ali stocks.)

The scale of these holdings is not large -Ali's market value is about 171 billion US dollars -but because of the particularity of identity, they may be closely watched by investors and policy makers.Ali repurchased $ 9.5 billion in stocks last year to reduce the number of circulating shares by more than 3%.

In recent years, Ali's life has not been good.The company and Ant Group are one of the first companies that have been impacted by the technology industry. That blow caused the market value of the industry to evaporate about 1.1 trillion US dollars.In 2020, the Ant Group was forced to cancel the listing plan that might create a record. This amazing variable was widely interpreted as a regulatory agency re -established a leading position in private enterprises.Chinese officials subsequently fined Ali with an antitrust of $ 2.8 billion.

Last year, Ali abandoned the plan of spin -off cloud computing business, causing its stock to be sold in large quantities.Spinning is the key step of the company's ambitious self -innovation plan.The company's senior management believes that this is the result of the restrictions on the sales of semiconductors in China, but experts said that the market share of Alibaba Cloud's business has also been taken away by the government -supported competitors.

The repurchase may make Ma Yun pay attention to it again.He was an English teacher who helped create the Ali e -commerce platform. He was once known as a symbol of the spirit of Chinese entrepreneurs, but was impacted by criticism policies.Ma Yun has not worked as a management position in Ali or Ant Group for many years, but it is still a permanent partner of Alibaba. Now he mainly focuses on Bill Gates's charity.

Cai Chongxin maintained a high -profile posture.The former corporate lawyer is also the co -founder of Ali, or the owner of the NBA Brooklyn Nets and WNBA New York Liberty.

Those who have been paying attention to Ma Yun's whereabouts found that he watched a Nets in Paris this month and sat next to the Cai Chongxin couple. He was naturally wearing the net team's jersey and hat.

This article is translated from the Times transaction recording news email.