STOCKS | Alibaba Falls 1.3% After 300,000-Share Block Trade

Alibaba (09988) fell 1.3% to HK$109 after a non-automatic matched trade of 300,000 shares was recorded at 1:31 PM at HK$108.8 a share, 1.4% below the previous close, according to ETNet. The trade was worth HK$32.64 million. Alibaba had turnover of 47.93 million shares worth HK$5.198 billion, with an active buy-sell ratio of 48:52 and net active selling of HK$182 million.