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CSPC Pharmaceutical Group Stock Slips 3.6% in Hong Kong, Underperforms Competitors

Dow Jones
59 mins ago

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

Shares of CSPC Pharmaceutical Group Ltd. slipped 3.6% to 8.77 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 1.3% to 24954.47.

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

CSPC Pharmaceutical Group Ltd. closed 20% short of its 52-week high of HK$10.96, which the company reached Jan. 30.

The stock demonstrated a mixed performance when compared to some of its competitors, as Sino Biopharmaceutical Ltd. fell 2.3%, SSY Group Ltd. fell 0.2%, and United Laboratories International Holdings Ltd. fell 3.9%.

Trading volume totaled 150.3 million shares, compared to the 50-day average of 105.3 million shares.

Data source: Dow Jones Market Data, FactSet

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