Alibaba has announced on the Hong Kong Stock Exchange that its 13F filing with the U.S. Securities and Exchange Commission (SEC) discloses a total market value of approximately $540 million for its U.S. stock holdings as of the end of 2024. The portfolio includes 500,000 American Depositary Shares (ADSs) of Best Inc., 9 million American Depositary Receipts (ADRs) of Weibo, and roughly 37.959 million ADSs of Xpeng Motors.
