Hong Kong stock abnormal movement | Alibaba-W (09988.HK) falls more than 6% after earnings, fourth quarter revenue below market expectations, Alibaba Cloud revenue grew by 18% year-on-year.

According to the Zhitong Financial APP, Alibaba-W (09988.HK) fell by more than 6% after its performance announcement. As of the time of writing, it has fallen by 6.52%, trading at 120.6 Hong Kong dollars, with a turnover of 2.015 billion Hong Kong dollars.