Geely Automobile Holdings Stock Climbs 6.2% in Hong Kong

Dow Jones07-29

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

Shares of Geely Automobile Holdings Ltd. advanced 6.2% to 20.30 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 2.0% to 25807.92.

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

Geely Automobile Holdings Ltd. closed 21% below its 52-week high of HK$25.62, which the company achieved April 13.

The stock demonstrated a mixed performance when compared to some of its competitors, as Brilliance China Automotive Holdings Ltd. rose 2.4% and Guangzhou Automobile Group Co. Ltd. rose 6.8%.

Trading volume totaled 92.9 million shares, compared to the 50-day average of 50.6 million shares.

Data source: Dow Jones Market Data, FactSet

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