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

Shares of Kuaishou Technology advanced 2.3% to 30.18 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 1.0% to 24280.56.

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

Kuaishou Technology closed 66% short of its 52-week high of HK$89.85, which the company reached Oct. 9.

Trading volume totaled 21.3 million shares, compared to the 50-day average of 44.4 million shares.

Data source: Dow Jones Market Data, FactSet