On the evening of January 23, Beijing time, a 13F document on the US Securities Regulatory Commission website showed that in the fourth quarter of 2023, Cai Chongxin's family fund Blue Pool increased its holdings of approximately $151 million worth of Alibaba's US listed stocks. In addition, according to The New York Times, Jack Ma purchased Hong Kong listed stocks worth $50 million in the fourth quarter of 2023. Stimulated by this news, Alibaba's US stock market surged. That night, Chinese assets collectively surged. Among them, the RMB exchange rate continues to rise, with both onshore and offshore RMB/USD exchange rates rising by over 200 points.