Hong Kong stocks surged | Alibaba-W (09988.HK) rose more than 4% in the afternoon, reports said Jack Ma requested Taobao's flash sales to stabilize at 80 million orders.

Wisdom Financial APP learned that Alibaba-W (09988.HK) rose more than 4% in the afternoon, as of the time of writing, it rose 3.77%, closing at 110.1 Hong Kong dollars, with a turnover of 8.822 billion Hong Kong dollars.