A direct manual trade of 800,000 shares of BABA-SW (09988) was registered at 2:05p.m.
The deal amounted to HK$63.46m, or at HK$79.325 per share, 0.2% higher than previous close.
BABA-SW is now trading up 0.19% to HK$79.35, with 38.06 million shares of HK$3.01b changing hands.
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