Tencent Holdings Stock Rallies 2.6% in Hong Kong

Dow Jones16:31

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

Shares of Tencent Holdings Ltd. rallied 2.6% to 430.00 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 1.2% to 25042.71.

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

Tencent Holdings Ltd. closed 37% short of its 52-week high of HK$683.00, which the company achieved Oct. 2.

The stock demonstrated a mixed performance when compared to some of its competitors, as China Mobile Ltd. rose 0.2% and Crazy Sports Group Ltd. rose 3.9%.

Trading volume totaled 19.7 million shares, compared to the 50-day average of 24.3 million shares.

Data source: Dow Jones Market Data, FactSet

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