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ROBOSENSE Picks Up ~2% after Opening Lower; BABA-W Trims Stake Last Week
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Laser radar product maker ROBOSENSE (02498.HK) opened nearly 1% lower today (16th) before picking up. It last posted at $26.35, up 1.93%, with 3.0587 million shares traded, involving $79.8635 million.

BABA-W (09988.HK) completed the sale of 14.1 million shares of ROBOSENSE off-market last Thursday (9th), at an average price of about $26.04 per share, with an estimated amount of about $367 million.

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After the completion of the transaction, BABA-W's shareholding in ROBOSENSE decreased from 8.03% to 4.97%.
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