China Unicom (Hong Kong) Stock Climbs 3.6% in Hong Kong, Outperforms Competitors

Dow Jones08-20

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

Shares of China Unicom (Hong Kong) Ltd. rallied 3.6% to 5.70 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 0.8% to 25698.49.

The stock's rise snapped a three-day losing streak.

China Unicom (Hong Kong) Ltd. closed 47% short of its 52-week high of HK$10.68, which the company reached Aug. 25.

The stock outperformed some of its competitors, as China Mobile Ltd. rose 0.4% and China Telecom Corp. Ltd. rose 0.1%.

Trading volume totaled 105.8 million shares, compared to the 50-day average of 35.7 million shares.

Data source: Dow Jones Market Data, FactSet

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