BABA's share price broke through the $300 mark in US stock trading on Oct. 8, while Gou directly cashed out half of BABA's high.

Foxconn Ventures, a subsidiary, sold 630000 shares of BABA's ADS, Hon Hai said in an exchange filing on Oct. 9. The transaction date is Oct. 8, and the total transaction value is $186.38 million (about 1.25 billion yuan).

It is worth noting that last year, Terry Gou has twice reduced his holdings of more than 3.5 million shares of BABA. Now, after three reductions, Terry Gou has only 630000 shares of BABA. It is reported that Terry Gou spent 250 million yuan to buy BABA shares in 2007 and has made a huge profit of more than 2800% so far.

Terry Gou sold 630000 shares of BABAHigh-level cash out of 1.25 billion yuan

Foxconn Ventures, a subsidiary, sold 630000 shares of BABA's ADS, or 5.04 million common shares, according to Hon Hai's filing with the exchange on Oct. 9.

The date of the transaction is Oct. 8, and the price per ads is $295.84, for a total transaction value of $186.38 million (about 1.25 billion yuan). It is worth noting that the share price of BABA just hit a new high yesterday. Although Terry Gou sold at the lowest point of BABA yesterday, this wave of operation can also be regarded as high cash.

According to the announcement, the transaction has realized benefits of US $120 million based on acquisition costs. That means Mr Gou made nearly twice as much money in the deal.

It also means that it cost Gou nearly $65 million to buy 630000 shares of BABA ads and about $103per ads at that time.

After the deal, Gou held only 630000 shares of ADS in BABA, leaving only 0.02 per cent of the shares.

More than 3.5 million shares have been sold twice last yearEarn 2.6 billion less

In fact, this is not the first time Terry Gou has sold BABA's shares.

Last year, Gou sold BABA shares twice, totaling more than 3.5 million shares. Based on the amount of the sell-off, Hon Hai sold a total of $670 million (4.7 billion yuan) of BABA shares.

On March 21, 2019, Hon Hai Group announced that its subsidiary Foxconn Venture Holdings Co., Ltd. had sold its 2.2 million shares of BABA at a price of US $181.1 each, totaling US $398 million.

After the sell-off, Hon Hai has a 0.1 per cent stake.

Foxconn Venture Holdings, a subsidiary of Hon Hai, sold more than half of its stake in BABA on December 12, Hon Hai announced in another announcement. Foxconn Venture Capital sold 1.338 million shares of BABA's ADS, or 10.707 million common shares, at a price of $203.82 per ADS, with a total transaction value of $272 million (about 1.9 billion yuan).

Hon Hai said in the announcement that the main purpose of selling more than half of BABA's shares is to achieve investment returns.

BABA's performance after the listing of US stocks is shown below, rising from more than US $80 to the latest breakthrough of US $300, with a market capitalization of more than US $800 billion.

It can be said that almost from which point of view, the sale of BABA is too early. For example, Gou sold twice last year. Based on the latest share price of $300.54, Gou made a profit of $390 million less in his two sales last year. (about 2.6 billion yuan)

13 years ago, 250 million voted for BABA.Now the return on investment is over 2800%.

According to previous media reports, when Jack Ma founded BABA, he was once looking for investors everywhere because of a shortage of funds. At that time, many people advised Terry Gou to invest in Jack Ma, but Terry Gou had doubts and felt that Jack Ma was a little arrogant and missed the best time to invest in BABA.

In 2007, when Terry Gou was invited by Jack Ma to attend BABA's second e-commerce conference, Jack Ma told him, "Foxconn is an elephant in manufacturing. BABA will use a lot of ants to overthrow you." "at that time, in Gou's opinion, how could ants overthrow elephants?

After a war of words, neither Jack Ma nor Terry Gou persuaded the other, but they became good partners.

In the same year, Terry Gou invested in BABA. That year, Hon Hai, as a cornerstone investor, subscribed 2.9 per cent of BABA, which had just been listed in Hong Kong, for HK $271.6 million at HK $13.50 per share.

After BABA delisted from Hong Kong in 2012, Terry Gou never gave up, and his stake in BABA landed in the United States in 2014. As we all know, BABA's early investors have made a lot of money since then, the most famous of which is Softbank Corp. 's son, whose $20 million investment turned into more than $50 billion in stocks, with an investment return of more than 2000 times.

So how much did Gou earn?

Based on BABA's recent closing price of $300, Hon Hai sold shares of $190 million (about 1.3 billion yuan). And Terry Gou has cashed out nearly 6 billion yuan BABA in the past two years.

Based on this calculation, Terry Gou subscribed 272 million Hong Kong dollars (about 250 million yuan) to BABA. Over the past 12 years, the return on investment has increased to 6 billion yuan in cash plus 1.3 billion yuan worth of stocks, with a return of 2800%.

Later, Jack Ma's original "bragging" has come true. Terry Gou incarnated into Jack Ma's "fan brother", in a variety of public occasions, is not stingy to express his praise for Jack Ma.

In March 2015, there were media reports that Terry Gou and Jack Ma were inseparable for three consecutive days.

On the first day, the two met in Hangzhou, and Terry Gou also exchanged views with Taobao merchants.

The next day, Jack Ma gave a speech in Taiwan, and Terry Gou listened to the whole process.

On the third day, before Jack Ma left Taiwan, he visited Hon Hai's Yonglingsheng Medical Center, and Terry Gou personally took Jack Ma to the airport.

When BABA released his prospectus in 2014, Gou immediately praised Jack Ma as the most critical factor in BABA's success.

In October 2016, Terry Gou brought more than 100 Foxconn executives to the Aliyun conference platform.

It was at this conference that Ma Yun said that the word "e-commerce" will soon be eliminated, and the development of new retail, new manufacturing, new finance, new technology and new energy will have a profound impact on mankind.

He had communicated with Jack Ma one night in advance, and when he learned about the content of Ma Yun's speech, Terry Gou said bluntly that he was so frightened that he didn't sleep well all night.

Under the guidance or vigilance of the new manufacturing, Foxconn began to make full use of the industrial Internet.

In May 2018, Terry Gou gave a speech at Tsinghua University. Shenzhen Research Institute gave a report on the theme of "Real economy + Digital economy".

He revealed in his speech, "Jack Ma said that ants would trample on elephants, but I said step on it." How can an ant compete with my elephant? I didn't expect it. I got it wrong. So now I often use this to remind myself not to be wrong about the next industrial Internet. "

In 2018, at the Internet conference, Terry Gou commented on Jack Ma again: "Jack Ma, it can't be said to be unprecedented, but it's hard to have a latecomer!" "

Pledge of 436 million Hon Hai shares at the beginning of the yearRumor has it that $1 billion will open a factory in India.

So optimistic about BABA, but frequently reduce their holdings, why on earth?

It is worth noting that on January 20, Gou pledged a total of 436 million Hon Hai shares, which have a market value of about NT $40.24 billion based on Hon Hai's closing price of NT $92.3.

Currently, Gou holds about 1.3379 billion Hon Hai shares. According to preliminary calculations, Gou pledged a total of 1.1772 billion shares by January this year, accounting for about 83.5 per cent of the total number of shares he held.

People in the financial industry said that the amount applied for from banks to pledge shares was about 50% to 70% of the market value of the shares at that time. At 60 per cent, Mr Gou can borrow about NT $24.14 billion to pledge shares to the bank.

However, it is not clear why Gou borrowed money from the bank this time.

But on July 10, Reuters reported that Foxconn parent company Hon Hai Precision Industries Co., Ltd. plans to invest $1 billion to set up an Apple Inc mobile phone assembly plant in southern India to accelerate globalization outside China.

In response, Foxconn responded to the media: "do not comment on any market rumors about existing and potential customers, products and supply chain partners." "