On March 26th, Ant Group addressed its recent share reduction in Orbbec and Hello-Bike, emphasizing that in recent years, the group's investment strategy has shifted towards pioneering technology and global expansion. In line with this approach, Ant Group has streamlined its portfolio by reducing stakes in some long-held, profitable projects. This decision aims to enhance capital efficiency and reallocate resources to newer, earlier-stage ventures. As a result of these share dilutions in the two A-share companies, Ant Group has amassed investment returns exceeding 775 million yuan. Furthermore, since last year, the group has intensified its focus on investments in the AI sector.
