Geely Automobile Holdings Stock Falls 1.0% in Hong Kong

Dow Jones11-11 16:33

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

Shares of Geely Automobile Holdings Ltd. sank 1.0% to 14.25 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 1.0% to 24315.92.

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

Geely Automobile Holdings Ltd. closed 44% below its 52-week high of HK$25.62, which the company reached April 13.

The stock demonstrated a mixed performance when compared to some of its competitors, as Brilliance China Automotive Holdings Ltd. rose 0.3% and Guangzhou Automobile Group Co. Ltd. fell 1.9%.

Trading volume totaled 25.4 million shares, compared to the 50-day average of 41.6 million shares.

Data source: Dow Jones Market Data, FactSet

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