Geely Automobile Holdings Stock Slides 0.9% in Hong Kong, Underperforms Competitors

Dow Jones11-02

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

Shares of Geely Automobile Holdings Ltd. slid 0.9% to 13.71 Hong Kong dollars on what proved to be an all-around great trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.4% to 23393.32.

Geely Automobile Holdings Ltd. closed 46% below its 52-week high of HK$25.62, which the company reached April 13.

The stock underperformed when compared to some of its competitors, as Brilliance China Automotive Holdings Ltd. rose 1.8% and Guangzhou Automobile Group Co. Ltd. rose 0.8%.

Trading volume totaled 49.6 million shares, compared to the 50-day average of 39.8 million shares.

Data source: Dow Jones Market Data, FactSet

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