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Alibaba Invests $7.6 Billion in Changxin Technology, Becomes Largest Shareholder by July 9

2026-07-09 14:45:37

BABA2.51%

According to China Securities Journal, Alibaba has cumulatively invested approximately 7.6 billion yuan into Changxin Technology as of July 9, becoming the chipmaker's largest single shareholder among industry investors.

Alibaba first invested in Changxin in December 2021, holding roughly 1% post-dilution. In June 2025, ahead of the company's IPO, Alibaba significantly increased its stake to approximately 5%, with Alibaba Cloud holding 3.85% and Alibaba Network holding 1.12%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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