Sino Biopharmaceutical Stock Climbs 2.0% in Hong Kong, Outperforms Competitors

Dow Jones10-15

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

Shares of Sino Biopharmaceutical Ltd. rose 2.0% to 5.27 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 1.0% to 24062.72.

The stock's rise snapped a six-day losing streak.

Sino Biopharmaceutical Ltd. closed 32% short of its 52-week high of HK$7.79, which the company achieved Oct. 16.

The stock outperformed some of its competitors, as CSPC Pharmaceutical Group Ltd. rose 0.6% and Amgen Inc. remained unchanged.

Trading volume totaled 65.8 million shares, compared to the 50-day average of 79.8 million shares.

Data source: Dow Jones Market Data, FactSet

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