Tiger Brokers

CK Asset Holdings Stock Sheds 2.9% in Hong Kong

Dow Jones
Aug 06

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

Shares of CK Asset Holdings Ltd. shed 2.9% to 46.80 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.5% to 25530.28.

The stock's fall snapped a two-day winning streak.

CK Asset Holdings Ltd. closed 11% short of its 52-week high of HK$52.35, which the company achieved May 7.

Despite its losses, the stock outperformed some of its competitors, as CIFI Holdings (Group) Co. Ltd. fell 9.1%.

Trading volume totaled 4.9 million shares, compared to the 50-day average of 5.1 million shares.

Data source: Dow Jones Market Data, FactSet

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