Alibaba Group founders Jack Ma and Chongxin Cai's significant increase in their holdings of Alibaba stocks has attracted market attention. It is reported that Alibaba Group founders Jack Ma and Chongxin Cai have significantly increased their holdings in Alibaba stocks. Cai Chongxin's family fund increased its holdings of Alibaba stocks worth $150 million, and Jack Ma also made significant increases during the same period.
In 2023, Alibaba repurchased a total of 897.9 billion shares of common stock (equivalent to 112.2 million American depositary shares) for a total price of 9.5 billion US dollars (approximately 68 billion yuan), making it the Chinese internet company with the largest repurchase efforts.
As early as November 16, 2023, according to 144 documents disclosed on the official website of the Securities and Exchange Commission (SEC), Jack Ma's family trust JC Properties Limited and JSP Investment Limited plan to sell the founder's shares of Alibaba on November 21, reducing their holdings of 5 million American Depositary Shares (ADS) respectively, involving a total stock market value of $8707 million.
In response to Jack Ma's family trust's plan to reduce its stake in Alibaba, Jack Ma's office lawyer has replied that the sale plan is a long-term plan and no actual reduction has occurred so far. Jack Ma firmly believes in Alibaba, as its current stock price is far below its actual value, and he will still firmly hold onto Alibaba's stock.
Other companies in the Alibaba family: Fast Dog Taxi has seen a significant reduction in holdings, while Alibaba Health has seen a significant increase in holdings
Despite Alibaba's significant increase in holdings and repurchase efforts, Alibaba Health's increase in holdings is even greater.
According to statistics from November 2023 to January 24 this year, Alibaba Group significantly increased its holdings in Alibaba Health (00241. HK) on November 28, 2023.
According to the announcement, Alibaba Health has officially signed an equity subscription agreement with Alibaba Group, obtaining exclusive marketing review rights and ancillary rights for the Alibaba Mama Healthcare category for a consideration of HKD 13.512 billion.
It is worth noting that this transaction is a continuation of Alibaba Group's continuous asset injection into Alibaba Health's listed company. Previously, Alibaba Group injected Tmall's "Blue Hat" health food online business into Alibaba Health in 2017, 2018, and 2020, respectively; Tmall medical equipment and health products, adult products, medical and health services; Drugs and special medical formula foods sold on Tmall (including through Tmall supermarkets).
Kuai Gou Taxi was significantly reduced in holdings
According to statistics from November 2023 to January 24 this year, both Kuai Gou Taxi (02246. HK) and Xiaopeng Motors (09868. HK) have seen a decrease in holdings.
Taking Kuaishou Taxi as an example, from November 6th last year to January 8th this year, Alibaba has cumulatively reduced its holdings by over 12 million shares, reducing Alibaba's shareholding ratio from 11.97% to 5.74%.
In fact, at the beginning of its listing, Alibaba had a very close relationship with Kuai Gou Taxi. When Kuai Gou Taxi went public, Alibaba held a total of 92.1453 million shares of Kuai Gou Taxi, with a shareholding ratio of 14.97%. However, since the end of last year, Alibaba has frequently reduced its holdings in Kuaigou Taxi.
Multiple A-share listed companies affiliated with Alibaba have recently experienced equity transfers
In addition to the Hong Kong stock market, some A-share companies are also involved in transfers. On the evening of December 1, 2023, Yuantong Express, Meikailong, and Liren Beauty also issued equity change reports, providing similar content. Alibaba Network will transfer its shares in the listed company to Hangzhou Haoyue. After the transaction is completed, Alibaba Network will no longer directly hold shares in the listed company.
On the evening of December 1st, Yuantong Express, Meikailong, and Liren Beauty also released equity change reports, providing similar content. Alibaba Network will transfer its shares in the listed company to Hangzhou Haoyue. After the transaction is completed, Alibaba Network will no longer directly hold shares in the listed company.
An organizational change triggers a change in equity
The above adjustments are related to the company's announcement at the end of March last year. On March 28, 2023, Alibaba launched its largest organizational change in 24 years, with the Alibaba Group breaking down into several independent companies known as "1+6+N.". On September 10th, Wu Yongming was appointed as the CEO of Alibaba Group, while also serving as the Chairman of Taotian Group and the Chairman and CEO of Alibaba Cloud Intelligence Group,
At the same time, during the analyst conference call for Alibaba's third quarter financial report, Alibaba executives pointed out that the group plans to increase its ROIC (Return on Capital) to double-digit levels in the coming years. In order to achieve this goal, we will increase investment in core businesses, innovate and grow investments, thereby enhancing the profitability and revenue of core businesses in the future, and ultimately improving the return on capital. For non core businesses, it is necessary to quickly convert these investments into profits.
For some investments, we still have the opportunity to monetize them, and through monetization, we can also return value to the group's shareholders in the future, thereby helping the group improve its return on capital. In addition, we have many other investments, including equity securities, stock investments, and investments in related companies. All of these investments are also a resource that we can use to enhance capital return Report rate. " Alibaba Group CFO Xu Hong said.