Tencent Holdings Stock Rises 1.9% in Hong Kong

Dow Jones09-15 16:33

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

Shares of Tencent Holdings Ltd. advanced 1.9% to 438.80 Hong Kong dollars on what proved to be an all-around rough trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.0% to 24667.24.

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

Tencent Holdings Ltd. closed 36% short of its 52-week high of HK$683.00, which the company reached Oct. 2.

The stock demonstrated a mixed performance when compared to some of its competitors, as China Mobile Ltd. fell 0.2% and Crazy Sports Group Ltd. rose 2.7%.

Trading volume totaled 21.8 million shares, compared to the 50-day average of 26.6 million shares.

Data source: Dow Jones Market Data, FactSet

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