Jack Ma Reduces His Alibaba Stock Holdings To Collect More Than $ 10 Billion | Ant Group | Epoch Times

[Epoch Times, 3 dicembre 2020]According to the financial report presented by continental e-commerce company Alibaba Group a few days ago, its founder Jack Ma this year reduced his holdings in Alibaba stock and grossed $ 10.18 billion.

According to a Yahoo Finance report, Alibaba’s annual financial report filed with the US Securities and Exchange Commission (SEC) recently showed that as of July 2 this year, Jack Ma’s stake in Alibaba has dropped to 4 , 8%, but is still the largest individual shareholder.

According to Alibaba’s 2019 annual report, Jack Ma’s holding ratio is 6.2%, which indicates that participation is down 1.4% this year. Based on Alibaba’s US-listed market value of $ 727.4 billion, Jack Ma’s shares are worth approximately $ 10.18 billion.

The financial report also showed that Japan’s SoftBank holding fell to 24.9%, making it Alibaba’s largest shareholder. Although SoftBank owns 25.9% of Alibaba last year, it reduced its holdings by 1% this year.

The financial report did not disclose the reasons for the reduction in Jack Ma’s shares.

After the news was revealed, some continent netizens said, “You can’t let the ants escape! We recommend that you catch them!” Some netizens also said: Don’t let Ma Yun cash and run.

Jack Ma recently attracted attention again due to the suspension of Ant Group prior to listing.

The Ant group, which was originally supposed to be made public on November 5th, was suddenly suspended by the CCP on November 3rd. Hong Kong’s listing plan was also suspended at the same time. Prior to this, Ant Group’s listing process took only 36 days, and all parties of the Chinese Communist Party gave it the green light. But on the eve of the listing where Ant Group had approved approval and the shares had been sold, it was suddenly suspended, which caused shock in the financial community.

There are various speculations about the suspension of Ant Group on the eve of its listing: some say that the Ant Group listing has moved the Chinese Communist Party’s banking sector cheese and caused dissatisfaction in the banking sector; some say the anti-Xi Jinping forces behind Ma Yun, Xi Jinping ordered the cessation of the ant The group went public; some said the Ant group used loan sharks and planted the risk of financial crisis; some said Ma Yun was purged due to his speechlessness and Wang Qishan’s offense.

Responsible director: Liu Yi