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

Shares of Li Ning Co. Ltd. rallied 5.2% to 15.48 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.3% to 24481.86.

This was the stock's second consecutive day of gains.

Li Ning Co. Ltd. closed 34% below its 52-week high of HK$23.42, which the company reached Feb. 25.

The stock outperformed some of its competitors, as Win Hanverky Holdings Ltd. remained unchanged and China Dongxiang Group Co. Ltd. fell 3.5%.

Trading volume totaled 109.9 million shares, compared to the 50-day average of 24.7 million shares.

Data source: Dow Jones Market Data, FactSet