Sino Biopharmaceutical Stock Slides 1.4% in Hong Kong, Underperforms Competitors

Dow Jones16:33

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

Shares of Sino Biopharmaceutical Ltd. slipped 1.4% to 4.88 Hong Kong dollars on what proved to be an all-around great trading session for the Hong Kong stock market, with the Hang Seng Index rising 2.5% to 26038.32.

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

Sino Biopharmaceutical Ltd. closed 46% short of its 52-week high of HK$9.12, which the company achieved Sept. 10.

The stock underperformed when compared to some of its competitors, as CSPC Pharmaceutical Group Ltd. fell 0.1% and Amgen Inc. remained unchanged.

Trading volume totaled 70.0 million shares, compared to the 50-day average of 78.9 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 02, 2026 04:33 ET (08:33 GMT)

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