WH Group Stock Slips 2.3% in Hong Kong, Outperforms Competitors

Dow Jones10-22 16:33

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

Shares of WH Group Ltd. slid 2.3% to 6.25 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 3.0% to 22934.68.

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

WH Group Ltd. closed 42% below its 52-week high of HK$10.84, which the company achieved April 21.

Despite its losses, the stock outperformed some of its competitors, as Shengrong Holding Ltd. fell 5.7% and Shenguan Holdings (Group) Ltd. fell 3.2%.

Trading volume totaled 40.1 million shares, compared to the 50-day average of 52.5 million shares.

Data source: Dow Jones Market Data, FactSet

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