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CSPC Pharmaceutical Group Stock Sheds 1.3% in Hong Kong, Underperforms Competitors

Dow Jones
Aug 19

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

Shares of CSPC Pharmaceutical Group Ltd. slipped 1.3% to 8.69 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 0.1% to 25495.07.

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

CSPC Pharmaceutical Group Ltd. closed 25% below its 52-week high of HK$11.63, which the company achieved Sept. 9.

The stock demonstrated a mixed performance when compared to some of its competitors, as Sino Biopharmaceutical Ltd. fell 0.1%, SSY Group Ltd. fell 0.6%, and United Laboratories International Holdings Ltd. fell 1.4%.

Trading volume totaled 67.4 million shares, compared to the 50-day average of 92.1 million shares.

Data source: Dow Jones Market Data, FactSet

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