A direct manual trade of 448,500 shares of BABA-SW (09988) was registered at 2:40p.m.
The deal amounted to HK$33.85m, or at HK$75.475 per share, 3.4% higher than previous close.
BABA-SW is now trading up 3.42% to HK$75.5, with 58.37 million shares of HK$4.36b changing hands.
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