A non-direct manual trade of 280,000 shares of BABA-W (09988) was registered at 2:08p.m.
The deal amounted to HK$40.04m, or at HK$143 per share, 3.8% lower than previous close.
BABA-W is now trading down 3.5% to HK$143.4, with 87.68 million shares of HK$12.6b changing hands.
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