China Dongxiang has published a report, stating that it will invest USD100 million in the Chinese B2B e-commerce group Alibaba via its wholly-owned subsidiary. The investment will be completed via the acquisition of Yunfeng Fund LP’s interests. According to the report, China Dongxiang’s wholly-owned subsidiary has agreed to purchase the interest in limited partnership of Yunfeng Fund for USD100 million. Under the conditions of the agreement, the subsidiary will pay the capital in cash on the initial cash day, and the capital will not include the controlling rights of Yunfeng Fund.