This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Alibaba Group Holding Ltd. rallied 6.6% to 130.90 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 2.5% to 26038.32.
This was the stock's second consecutive day of gains.
Alibaba Group Holding Ltd. closed 30% below its 52-week high of HK$186.20, which the company achieved Oct. 3.
Trading volume totaled 126.6 million shares, compared to the 50-day average of 88.4 million shares.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 02, 2026 04:30 ET (08:30 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.