Yunfeng Finance, which is indirectly held by Jack Ma, made a large purchase today, and its stock price has increased by more than 20%.

According to Bijie.com, on September 11, according to Aastocks, Yunfeng Financial, which is indirectly held by Jack Ma, made a big purchase this morning, with a trading volume of 858,000 shares, a transaction price of HK$6, involving HK$5.148 million. The total transaction volume today reached 594,800 shares, and the total transaction amount was as high as HK$337.7 million. According to the Hong Kong stock market, Yunfeng's stock price is now at HK$6.6 today, with an increase of 21.77%. Previously, Yunfeng Finance announced that it has been approved by the Hong Kong Securities Regulatory Commission to provide virtual asset trading services.