This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Alibaba Group Holding Ltd. rose 2.5% to 99.45 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 0.4% to 23393.32.
This was the stock's second consecutive day of gains.
Alibaba Group Holding Ltd. closed 43% below its 52-week high of HK$174.20, which the company achieved Jan. 29.
Trading volume totaled 63.4 million shares, compared to the 50-day average of 73.1 million shares.
Data source: Dow Jones Market Data, FactSet