Longfor Group Holdings Stock Sheds 1.2% in Hong Kong

Dow Jones10-28

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

Shares of Longfor Group Holdings Ltd. slid 1.2% to 4.56 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.2% to 23094.83.

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

Longfor Group Holdings Ltd. closed 58% short of its 52-week high of HK$10.83, which the company reached Feb. 9.

The stock underperformed when compared to some of its competitors, as Beijing North Star Co. Ltd. remained unchanged.

Trading volume totaled 37.9 million shares, compared to the 50-day average of 29.7 million shares.

Data source: Dow Jones Market Data, FactSet

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