Last week, Wang Li, General Manager of Kweichow Moutai Group, led a delegation to visit JD-SW (09618.HK) +3.100 (+2.449%) Short selling $107.87M; Ratio 14.768% (JD.US) and BABA-W (09988.HK) +1.800 (+1.597%) Short selling $514.94M; Ratio 12.153% (BABA.US) in Beijing and Zhejiang, and organized a symposium with some traditional distributors of Kweichow Moutai in various provinces and regions.Wang held discussions with JD-SW CEO Sandy Xu at JD-SW's headquarters, where they exchanged views on expanding cooperation and user scenario innovation. Related NewsCiti: Alibaba (BABA.US) 1FQ CMR Growth Forecast Has Upside Risk YoY; Buy Rating KeptDuring the forum with BABA-W, Wang and Li Ran, Vice President of BABA-W and head of Moutai's special team, engaged in in-depth discussions on areas such as recent e-commerce marketing conditions, the current state and trends of the baijiu market and product operation strategies, etc..(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-25 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)