CLP Holdings Stock Rises 1.7% in Hong Kong, Outperforms Competitors

Dow Jones08-07

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

Shares of CLP Holdings Ltd. rallied 1.7% to 77.60 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.

The stock's rise snapped a five-day losing streak.

CLP Holdings Ltd. closed 1.1% short of its 52-week high of HK$78.45, which the company reached July 30.

The stock outperformed some of its competitors, as Huaneng Power International Inc. fell 0.8% and Huadian Power International Corp. Ltd. fell 1.3%.

Trading volume totaled 4.9 million shares, compared to the 50-day average of 3.4 million shares.

Data source: Dow Jones Market Data, FactSet

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