Anta Sports Products Stock Slips 1.6% in Hong Kong, Underperforms Competitors

Dow Jones10-27 16:33

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

Shares of Anta Sports Products Ltd. slipped 1.6% to 72.05 Hong Kong dollars on what proved to be an all-around rough trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.7% to 23041.32.

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

Anta Sports Products Ltd. closed 19% short of its 52-week high of HK$88.80, which the company reached Feb. 25.

The stock underperformed when compared to some of its competitors, as Golden Solar New Energy Technology Holdings Ltd. rose 1.4%, Xtep International Holdings Ltd. fell 0.6%, and Pou Sheng International Holdings Ltd. remained unchanged.

Trading volume totaled 11.2 million shares, compared to the 50-day average of 8.1 million shares.

Data source: Dow Jones Market Data, FactSet

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