What are Ma Yun's concept stocks?

The stocks held by Ma Yun are: Hang Seng Electronics, China Digital Media, Light Media, Century Information and China Resources Wandong.

It is very common for the actual controllers, founders and important shareholders of listed companies to reduce their holdings. A large number of founders of listed companies reduced their holdings and cashed out as soon as they went public, and even some founders sold the company directly after a few years of listing. In the past few years, Ma Yun has indeed been reducing his holdings. In 20 19, Ma Yun announced his formal retirement. He will not be the chairman of Alibaba Group, nor will he manage specific affairs. Ma Yun changed his old style and became very low-key and rarely appeared in public view. Even if Ma Yun doesn't hold any shares in Alibaba, Alibaba is still Ma Yun's.