Alibaba Health Information Technology Stock Falls 1.7% in Hong Kong

Dow Jones16:32

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

Shares of Alibaba Health Information Technology Ltd. slipped 1.7% to 3.53 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.2% to 25858.88.

The stock's fall snapped a three-day winning streak.

Alibaba Health Information Technology Ltd. closed 55% short of its 52-week high of HK$7.91, which the company reached Jan. 14.

The stock underperformed when compared to some of its competitors, as HKT Trust & HKT Ltd. rose 5.0%.

Trading volume totaled 83.6 million shares, compared to the 50-day average of 123.6 million shares.

Data source: Dow Jones Market Data, FactSet

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