Geely Automobile Holdings Stock Slides 1.0% in Hong Kong

Dow Jones11-09

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

Shares of Geely Automobile Holdings Ltd. slid 1.0% to 14.41 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.1% to 24448.95.

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

Geely Automobile Holdings Ltd. closed 44% short of 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. fell 1.1% and Guangzhou Automobile Group Co. Ltd. fell 1.0%.

Trading volume totaled 38.5 million shares, compared to the 50-day average of 41.1 million shares.

Data source: Dow Jones Market Data, FactSet

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