BABA-SW Offloads 3.9M Shrs of CLOUD MUSIC to Cash in $350M+

AASTOCKS

2024-07-10 17:18

　　BABA-SW (09988.HK) +0.600 (+0.828%) Short selling $535.40M; Ratio 20.232% sold a total of 3.9 million shares of CLOUD MUSIC (09899.HK) -1.150 (-1.178%) Short selling $1.89M; Ratio 12.330% off-market on 9 July, at an average price of about $90.19 per share, involving nearly $352 million, according to the Hong Kong Stock Exchange's disclosure of interests.

　　After the completion, BABA-SW's shareholding in CLOUD MUSIC further decreased from 7% to 5.19%.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-10 16:25.)

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