Alibaba Health Information Technology Stock Rises 4.7% in Hong Kong

Dow Jones07-29 16:30

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

Shares of Alibaba Health Information Technology Ltd. rallied 4.7% to 3.59 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 2.0% to 25807.92.

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

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

The stock outperformed some of its competitors, as HKT Trust & HKT Ltd. rose 0.1%.

Trading volume totaled 163.0 million shares, compared to the 50-day average of 128.0 million shares.

Data source: Dow Jones Market Data, FactSet

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