Ant responds to recent share reduction: improving capital utilization efficiency, laying out newer and earlier opportunities
On March 26, in response to Ant Group's reduction of holdings in Obbec and Yonganxing, Ant Group said, "In the past few years, our new investments have focused on cutting-edge technology and globalization. In response to this strategy, we have reduced holdings in some projects that have been held for a long time and have obtained good returns, which can improve the efficiency of capital use and make arrangements for newer and earlier opportunities." After reducing holdings in the two A-share listed companies, Ant Group has accumulated a return on investment of more than 775 million yuan. At the same time, since last year, Ant Group has also increased its investment in the field of AI.