AIA Group Stock Slips 6.0% in Hong Kong, Underperforms Competitors

Dow Jones10-02

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

Shares of AIA Group Ltd. slid 6.0% to 69.20 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 2.6% to 23972.29.

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

AIA Group Ltd. closed 25% below its 52-week high of HK$92.15, which the company reached April 8.

The stock underperformed when compared to some of its competitors, as Manulife Financial Corp. fell 2.3% and China Life Insurance Co. Ltd. fell 2.2%.

Trading volume totaled 43.2 million shares, compared to the 50-day average of 28.4 million shares.

Data source: Dow Jones Market Data, FactSet

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