A non-direct manual trade of 1.56 million shares of BABA-SW (09988) was registered at 2:56p.m.
The deal amounted to HK$123.44m, or at HK$79 per share, 3.8% higher than previous close.
BABA-SW is now trading up 4.73% to HK$79.7, with 64.19 million shares of HK$5.09b changing hands.
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