Sinopharm Group Stock Slides 2.2% in Hong Kong

Dow Jones10-20

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

Shares of Sinopharm Group Co. Ltd. shed 2.2% to 15.37 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 1.3% to 23867.74.

The stock's fall snapped a four-day winning streak.

Sinopharm Group Co. Ltd. closed 31% short of its 52-week high of HK$22.34, which the company reached Feb. 25.

The stock underperformed when compared to some of its competitors, as Shanghai Fosun Pharmaceutical (Group) Co. Ltd. fell 0.2%.

Trading volume totaled 5.5 million shares, compared to the 50-day average of 5.0 million shares.

Data source: Dow Jones Market Data, FactSet

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