CSPC Pharmaceutical Group Stock Climbs 6.5% in Hong Kong, Outperforms Competitors

Dow Jones11-04 16:30

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

Shares of CSPC Pharmaceutical Group Ltd. rallied 6.5% to 8.36 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 1.7% to 23919.50.

CSPC Pharmaceutical Group Ltd. closed 24% below its 52-week high of HK$10.96, which the company achieved Jan. 30.

The stock outperformed some of its competitors, as Sino Biopharmaceutical Ltd. rose 5.4%, SSY Group Ltd. rose 1.6%, and United Laboratories International Holdings Ltd. rose 4.0%.

Trading volume totaled 196.2 million shares, compared to the 50-day average of 84.3 million shares.

Data source: Dow Jones Market Data, FactSet

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