Tingyi (Cayman Islands) Holding Stock Slides 2.4% in Hong Kong

Dow Jones07-31

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

Shares of Tingyi (Cayman Islands) Holding Corp. slipped 2.4% to 11.90 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 0.1% to 25884.43.

The stock's fall snapped a four-day winning streak.

Tingyi (Cayman Islands) Holding Corp. closed 13% short of its 52-week high of HK$13.70, which the company achieved April 8.

The stock underperformed when compared to some of its competitors, as Jiashili Group Ltd. fell 0.9%.

Trading volume totaled 10.5 million shares, compared to the 50-day average of 20.9 million shares.

Data source: Dow Jones Market Data, FactSet

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