PERENNIAL INT'L (00725) has spent approximately HK$9.148 million to acquire a total of 100,000 shares of Alibaba.

PERENNIAL INT'L (00725) announced that on November 11, 2024, its wholly owned subsidiary had acquired a total of 100,000 shares of Alibaba on the open market, representing approximately 0.00052% of Alibaba's issued share capital. The average price per share of Alibaba was approximately HK$91.475, with a total consideration of approximately HK$9.148 million (excluding transaction costs), funded by the group's existing financial resources.