China Unicom (Hong Kong) Stock Slides 1.5% in Hong Kong, Underperforms Competitors

Dow Jones09-30

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

Shares of China Unicom (Hong Kong) Ltd. slid 1.5% to 5.46 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.4% to 24613.27.

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

China Unicom (Hong Kong) Ltd. closed 45% below its 52-week high of HK$9.92, which the company reached Nov. 10.

The stock underperformed when compared to some of its competitors, as China Mobile Ltd. rose 0.1% and China Telecom Corp. Ltd. remained unchanged.

Trading volume totaled 77.3 million shares, compared to the 50-day average of 44.2 million shares.

Data source: Dow Jones Market Data, FactSet

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