On September 15th, according to the Securities Times, Alibaba officially completed its dual major listing in Hong Kong on August 28th. Recently, according to Alibaba's disclosure, as of August 28th, Alibaba co-founder and chairman Joseph Tsai holds 276.75 million shares of the company's stock, accounting for approximately 1.44%. According to previous disclosures, as of May 20th, Tsai Chung hsin held 275.3 million shares of Alibaba stock. Cai Chongxin's other identity is the Chairman of Cainiao Group. At the 2024 Global Smart Logistics Summit held on September 10th, Tsai Chung hsin stated that Alibaba encourages and promotes Cainiao to build a logistics network for open markets, serving diversified customer needs while serving Alibaba's e-commerce, and becoming a common infrastructure for global business partners.