Someone is asking where Jack Ma has gone? Some people are missing Jack Ma, Someone is liquidating Jack Ma's stocks Duan Yongping's stock holdings in the first quarter of 2026 flooded the investment circle. Apart from the well-known big stocks, the most noteworthy thing is that Duan Yongping completely liquidated his position in Jack Ma's Alibaba and increased his position in Alibaba's competitor Pinduoduo. Ah Duan is not pessimistic about the e-commerce industry, he is no longer optimistic about Alibaba Has Jack Ma's era really become history? After reading this position, some people are worried while others are happy. Surprisingly, he has built a new Tesla position worth $1.2 billion, second only to Pinduoduo. This is undoubtedly good news for Tesla investors who are shrouded in the shadow of SpaceX's listing. Finally, another big shot has boarded the same ship as me, giving me courage. Of course, there is another position that impresses cryptocurrency enthusiasts, which is the stock of stablecoin Circle. Although the position is not large, at $20 million, it is also a fellow traveler. Explanation: Duan has also been reading cryptocurrency news frequently. In fact, Dan Bin, who is on par with Duan Yongping, has also invested in Circle stocks. These are currently the two largest private equity fund tycoons known to hold Circle stocks simultaneously.