Serenity Capital Management PTE. LTD. Invests $6.72 Billion in Alibaba Group Holding Limited $BABA

Serenity Capital Management PTE. LTD. bought a new position in shares of Alibaba Group Holding Limited (NYSE:BABA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 70,000 shares of the specialty retailer’s stock, valued at approximately $6,718,600,000. Alibaba Group comprises 2.0% of Serenity Capital Management PTE. LTD.’s holdings, making the stock its 11th biggest position.

Several other institutional investors also recently bought and sold shares of BABA. Hudson Value Partners LLC lifted its position in shares of Alibaba Group by 24.3% in the second quarter. Hudson Value Partners LLC now owns 29,344 shares of the specialty retailer’s stock worth $2,816,000 after buying an additional 5,731 shares during the last quarter. KMG Fiduciary Partners LLC increased its holdings in shares of Alibaba Group by 6.8% during the 2nd quarter. KMG Fiduciary Partners LLC now owns 13,107 shares of the specialty retailer’s stock valued at $1,258,000 after acquiring an additional 831 shares during the last quarter. Steadtrust LLC increased its holdings in shares of Alibaba Group by 13.2% during the 2nd quarter. Steadtrust LLC now owns 5,832 shares of the specialty retailer’s stock valued at $560,000 after acquiring an additional 680 shares during the last quarter. Allied Private Wealth LLC bought a new position in shares of Alibaba Group in the 2nd quarter valued at approximately $115,000. Finally, Birchbrook Inc. raised its stake in shares of Alibaba Group by 5.6% in the 2nd quarter. Birchbrook Inc. now owns 5,986 shares of the specialty retailer’s stock valued at $575,000 after acquiring an additional 319 shares in the last quarter. 13.47% of the stock is currently owned by institutional investors.

Trending Headlines about Alibaba Group

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Alibaba agreed to sell its Lingxi Games unit to Trustar Capital for an amount reported between $1.5 billion and more than $2 billion. The divestiture should release capital for AI infrastructure and cloud investment while reducing exposure to noncore gaming operations. Alibaba to sell Lingxi Games in more than $2 billion deal
• Positive Sentiment: Alibaba’s Qwen open-weight AI models reportedly surpassed 3 billion downloads in six months, exceeding reported totals for Meta and Google. The adoption strengthens the company’s position in the global AI ecosystem and supports the long-term case for higher cloud and infrastructure demand. Alibaba Overtakes Google and Meta With 3 Billion AI Model Downloads
• Positive Sentiment: Alibaba launched a laptop-ready Qwen model and released the weights for its Qwen3.8 Max model, expanding access to its technology and intensifying competition with Meta in open-source AI. Alibaba answers Meta’s AI challenge with new laptop-ready model
• Positive Sentiment: Alipay introduced a full-stack agentic AI commerce platform for merchants. The product could improve merchant tools, automate business processes and reinforce Alibaba’s e-commerce ecosystem ahead of its earnings report. Alibaba Shares Rise as Alipay Rolls Out Full-Stack Agentic AI Commerce Platform
• Neutral Sentiment: Alibaba-backed AI video company ShengShu Technology is exploring a Hong Kong IPO that could raise more than $500 million. A listing may provide valuation visibility and funding for the investment, but the plan remains preliminary. ShengShu Technology explores Hong Kong IPO
• Negative Sentiment: Analysts expect fiscal first-quarter profit to decline sharply as Alibaba absorbs heavy AI capital spending and quick-commerce costs. Investors are watching whether cloud growth can offset near-term margin pressure. Alibaba’s First-Quarter Profit Likely Fell Sharply
• Negative Sentiment: Several law firms publicized a securities class action against Alibaba, alleging inadequate disclosures involving AI-model “distillation” risks and potential U.S. restrictions tied to Chinese military-company designations. The allegations create legal, regulatory and reputational uncertainty; the October 5, 2026 lead-plaintiff deadline is a near-term catalyst for additional headlines. BABA Shareholder Alert

Alibaba Group Stock Performance

BABA opened at $128.23 on Wednesday. The firm has a market capitalization of $307.37 billion, a P/E ratio of 21.06, a price-to-earnings-growth ratio of 2.29 and a beta of 0.49. The stock’s 50 day moving average price is $113.16 and its two-hundred day moving average price is $128.97. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.21. Alibaba Group Holding Limited has a 12-month low of $91.99 and a 12-month high of $192.67.

Insider Buying and Selling

In other news, insider Fang Jiang sold 4,898 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $12.09, for a total transaction of $59,216.82. Following the transaction, the insider owned 5,559,511 shares in the company, valued at approximately $67,214,487.99. The trade was a 0.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Fan (Fj) Jiang sold 13,579 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $12.10, for a total transaction of $164,305.90. Following the transaction, the chief executive officer directly owned 556,617 shares of the company’s stock, valued at $6,735,065.70. This represents a 2.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 920,303 shares of company stock worth $70,796,370. 12.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on BABA. Susquehanna upped their target price on Alibaba Group from $170.00 to $185.00 and gave the stock a “positive” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. lifted their price target on shares of Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Barclays boosted their price objective on shares of Alibaba Group from $186.00 to $195.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Nomura decreased their price objective on shares of Alibaba Group from $207.00 to $178.00 and set a “buy” rating for the company in a report on Thursday, June 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Alibaba Group in a research note on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Alibaba Group presently has a consensus rating of “Moderate Buy” and an average target price of $186.90.

About Alibaba Group

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.