Tencent Holdings Stock Advances 1.2% in Hong Kong

Dow Jones07-30 16:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Tencent Holdings Ltd. rose 1.2% to 471.80 Hong Kong dollars on what proved to be an all-around great trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.2% to 25858.88.

This was the stock's fourth consecutive day of gains.

Tencent Holdings Ltd. closed 31% short of its 52-week high of HK$683.00, which the company achieved Oct. 2.

The stock demonstrated a mixed performance when compared to some of its competitors, as China Mobile Ltd. rose 0.8% and Crazy Sports Group Ltd. rose 1.3%.

Trading volume totaled 31.8 million shares, compared to the 50-day average of 34.6 million shares.

Data source: Dow Jones Market Data, FactSet

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