This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Alibaba Group Holding Ltd. slid 8.5% to 112.50 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.9% to 25517.33.
This was the stock's second consecutive day of losses.
Alibaba Group Holding Ltd. closed 40% below its 52-week high of HK$186.20, which the company achieved Oct. 3.
Trading volume totaled 363.0 million shares, compared to the 50-day average of 105.0 million shares.
Data source: Dow Jones Market Data, FactSet