Tingyi (Cayman Islands) Holding Stock Slides 1.6% in Hong Kong

Dow Jones08-04

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

Shares of Tingyi (Cayman Islands) Holding Corp. slid 1.6% to 11.61 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 0.6% to 25852.92.

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

Tingyi (Cayman Islands) Holding Corp. closed 15% 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. rose 1.4%.

Trading volume totaled 18.8 million shares, compared to the 50-day average of 20.6 million shares.

Data source: Dow Jones Market Data, FactSet

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