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Analysis: Ma Yun holds about 11.15% of Yunfeng Financial and has indirectly invested in ETH.

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2025-09-02 15:48:46
On September 2nd, according to public data, Alibaba founder Jack Ma indirectly holds about 11.15% of Yunfeng Financial through Yunfeng Fund, 29.85% in Yunfeng Financial Holdings Co., Ltd., and 40% in Shanghai Yunfeng New Venture (without voting rights).
Yunfeng Financial (00376.HK), a Hong Kong-listed company, announced today that the board of directors of the company has approved the purchase of ETH as a reserve asset in the open market. As of the date of the announcement, the group has purchased 10,000 ETH in the open market, and the total investment cost (including fees and expenses) is 44 million US dollars. The purchase funds are derived from the group's internal cash reserves, and the purchased ETH is listed as an investment asset in the group's financial statements.
Due to the complex ownership structure and multiple layers of nesting, and there is no latest announcement to accurately calculate the proportion of Ma Yun's indirect holdings in Yunfeng Financial, the 11.15% share ratio may fluctuate, which is the lowest proportion calculated according to the latest announcement available.
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