Vipshop gets capital injection from multiple parties

According to the disclosure of Vipshop in March this year, the board of directors has approved a new stock repurchase plan to repurchase up to US $1 billion of ADS or class A common shares in the next 24 months. The financial report shows that as of June 30, Vipshop has bought back $177.1 million of ADS.

It is not only the management who are full of confidence in the future development of the company. A few days ago, HHLR Advisors, a fund manager under Hillhouse $Hillhouse Capital Holdings(BK2123.US)$ that focuses on secondary market investment, released the latest US stock position data. In the second quarter, Vipshop ranked one of its top ten heavy stocks; Point72 Hong Kong, a hedge fund under Steven Cohen, a Wall Street Tycoon, also established Vipshop.