Sinopharm Group Stock Slides 0.6% in Hong Kong

Dow Jones11-10

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

Shares of Sinopharm Group Co. Ltd. slid 0.6% to 17.05 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 0.4% to 24557.04.

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

Sinopharm Group Co. Ltd. closed 24% below its 52-week high of HK$22.34, which the company achieved Feb. 25.

The stock underperformed when compared to some of its competitors, as Shanghai Fosun Pharmaceutical (Group) Co. Ltd. rose 1.3%.

Trading volume totaled 3.5 million shares, compared to the 50-day average of 5.9 million shares.

Data source: Dow Jones Market Data, FactSet

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