China Unicom (Hong Kong) Stock Slides 1.6% in Hong Kong, Underperforms Competitors

Dow Jones08-06

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

Shares of China Unicom (Hong Kong) Ltd. slipped 1.6% to 6.49 Hong Kong dollars on what proved to be an all-around rough trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.5% to 25530.28.

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

China Unicom (Hong Kong) Ltd. closed 39% short of its 52-week high of HK$10.68, which the company achieved Aug. 25.

The stock underperformed when compared to some of its competitors, as China Mobile Ltd. fell 0.4% and China Telecom Corp. Ltd. fell 1.0%.

Trading volume totaled 36.2 million shares, compared to the 50-day average of 28.2 million shares.

Data source: Dow Jones Market Data, FactSet

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