A direct manual trade of 313,700 shares of BABA-W (09988) was registered at 2:37p.m.
The deal amounted to HK$41.69m, or at HK$132.9 per share, 3.3% higher than previous close.
BABA-W is now trading up 3.65% to HK$133.4, with 66.52 million shares of HK$8.79b changing hands.
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