Li Ning Stock Slides 1.2% in Hong Kong, Underperforms Competitors

Dow Jones08-07 16:33

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

Shares of Li Ning Co. Ltd. shed 1.2% to 14.53 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 0.5% to 25668.03.

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

Li Ning Co. Ltd. closed 38% short of its 52-week high of HK$23.42, which the company reached Feb. 25.

The stock underperformed when compared to some of its competitors, as Win Hanverky Holdings Ltd. rose 3.3% and China Dongxiang Group Co. Ltd. rose 8.8%.

Trading volume totaled 14.4 million shares, compared to the 50-day average of 22.6 million shares.

Data source: Dow Jones Market Data, FactSet

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Ltd. rose 8.8%. \n</p>\n<p>\n     Trading volume totaled 14.4 million shares, compared to the 50-day average of 22.6 million shares. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1589","symbol_name":"北水核心资产","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2657561545","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2657561545","pubTimestamp":1786091580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Li Ning Co. 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