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

Serenity Capital Management PTE. LTD. purchased a new position in shares of Alibaba Group Holding Limited (NYSE:BABA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 70,000 shares of the specialty retailer’s stock, valued at approximately $6,718,600,000. Alibaba Group makes up about 2.0% of Serenity Capital Management PTE. LTD.’s holdings, making the stock its 11th biggest holding.

Several other institutional investors have also recently added to or reduced their stakes in BABA. Brighton Jones LLC raised its position in shares of Alibaba Group by 40.4% in the 4th quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer’s stock worth $289,000 after buying an additional 981 shares during the period. AQR Capital Management LLC acquired a new stake in Alibaba Group in the first quarter valued at approximately $254,000. Bank of Nova Scotia lifted its position in shares of Alibaba Group by 313.0% during the second quarter. Bank of Nova Scotia now owns 21,778 shares of the specialty retailer’s stock worth $2,470,000 after purchasing an additional 16,505 shares in the last quarter. Daiwa Securities Group Inc. purchased a new position in shares of Alibaba Group in the second quarter valued at $1,613,000. Finally, Ieq Capital LLC increased its stake in Alibaba Group by 51.9% during the 2nd quarter. Ieq Capital LLC now owns 70,060 shares of the specialty retailer’s stock worth $7,946,000 after buying an additional 23,925 shares during the period. 13.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on BABA shares. Mizuho boosted their price objective on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Nomura dropped their target price on Alibaba Group from $207.00 to $178.00 and set a “buy” rating on the stock in a research report on Thursday, June 25th. JPMorgan Chase & Co. increased their price target on Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Zacks Research raised shares of Alibaba Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Finally, Barclays boosted their price target on Alibaba Group from $186.00 to $195.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Two investment 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $186.90.

Insider Activity at Alibaba Group

In related news, General Counsel Siying Yu sold 6,772 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $12.10, for a total transaction of $81,941.20. Following the transaction, the general counsel directly owned 607,234 shares of the company’s stock, valued at approximately $7,347,531.40. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $12.10, for a total value of $164,305.90. Following the sale, the chief executive officer owned 556,617 shares of the company’s stock, valued at $6,735,065.70. The trade was a 2.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 920,303 shares of company stock worth $70,796,370. Insiders own 12.50% of the company’s stock.

Alibaba Group Price Performance

NYSE BABA opened at $128.23 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.21. The company has a market cap of $307.37 billion, a PE ratio of 21.06, a PEG ratio of 2.29 and a beta of 0.49. Alibaba Group Holding Limited has a 1 year low of $91.99 and a 1 year high of $192.67. The stock’s 50-day moving average price is $113.16 and its two-hundred day moving average price is $128.97.

Key Alibaba Group News

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

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.