Power Assets Holdings Stock Advances 2.1% in Hong Kong, Underperforms Competitors

Dow Jones

1小时前

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

Shares of Power Assets Holdings Ltd. rallied 2.1% to 61.15 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 0.2% to 25274.96.

This was the stock's sixth consecutive day of gains.

Power Assets Holdings Ltd. closed 8.8% short of its 52-week high of HK$67.05, which the company reached May 7.

The stock demonstrated a mixed performance when compared to some of its competitors, as Huaneng Power International Inc. rose 2.3%, CLP Holdings Ltd. rose 2.3%, and Huadian Power International Corp. Ltd. rose 0.7%.

Trading volume totaled 3.7 million shares, compared to the 50-day average of 2.7 million shares.

Data source: Dow Jones Market Data, FactSet

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