Hon Hai, Foxconn Ventures, sold 630,000 shares of Alibaba’s ADS, the company said in an exchange filing. The deal date was October 8, and the total amount of the transaction was $186.38 million. The sale of the shares was equal to 0.02 percent of the shares. On Oct. 9, Alibaba’s Hong Kong shares rose more than 1% in intraday trading to a record HK $292.8 billion, giving it a market value of HK $6,333.35 billion.
Alibaba’s Q1 Revenue In Fiscal Year 2022 Released
August 3, 2021
Upcoming great changes to China’s community group buying
December 25, 2020
Foxconn Sets Up a Task Force To Fend Off LuxShare Ict
November 11, 2020