Alibaba Group Holding Stock Sheds 2.2% in Hong Kong

Dow Jones

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

Shares of Alibaba Group Holding Ltd. slid 2.2% to 107.50 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.4% to 25213.31.

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

Alibaba Group Holding Ltd. closed 42% short of its 52-week high of HK$186.20, which the company reached Oct. 3.

Trading volume totaled 70.0 million shares, compared to the 50-day average of 109.4 million shares.

Data source: Dow Jones Market Data, FactSet

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