Tingyi (Cayman Islands) Holding Stock Sheds 2.1% in Hong Kong

Dow Jones08-27

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

Shares of Tingyi (Cayman Islands) Holding Corp. slid 2.1% to 12.84 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.3% to 25565.74.

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

Tingyi (Cayman Islands) Holding Corp. closed 9.2% below its 52-week high of HK$14.14, which the company achieved Aug. 21.

Despite its losses, the stock outperformed some of its competitors, as Jiashili Group Ltd. fell 5.1%.

Trading volume totaled 9.6 million shares, compared to the 50-day average of 20.3 million shares.

Data source: Dow Jones Market Data, FactSet

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