CSPC Pharmaceutical Group Stock Advances 1.5% in Hong Kong, Outperforms Competitors

Dow Jones08-06

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

Shares of CSPC Pharmaceutical Group Ltd. rose 1.5% to 8.50 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.5% to 25530.28.

CSPC Pharmaceutical Group Ltd. closed 27% short of its 52-week high of HK$11.63, which the company achieved Sept. 9.

The stock outperformed some of its competitors, as Sino Biopharmaceutical Ltd. rose 0.9%, SSY Group Ltd. fell 2.3%, and United Laboratories International Holdings Ltd. fell 1.7%.

Trading volume totaled 55.1 million shares, compared to the 50-day average of 106.1 million shares.

Data source: Dow Jones Market Data, FactSet

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