Alibaba Health Information Technology Stock Falls 4.4% in Hong Kong

Dow Jones09-21

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

Shares of Alibaba Health Information Technology Ltd. slid 4.4% to 2.93 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 fall snapped a two-day winning streak.

Alibaba Health Information Technology Ltd. closed 63% below its 52-week high of HK$7.91, which the company achieved Jan. 14.

The stock underperformed when compared to some of its competitors, as HKT Trust & HKT Ltd. rose 0.2%.

Trading volume totaled 154.1 million shares, compared to the 50-day average of 86.6 million shares.

Data source: Dow Jones Market Data, FactSet

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