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Kuaishou Technology Stock Sheds 4.4% in Hong Kong

Dow Jones
10/02

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

Shares of Kuaishou Technology slid 4.4% to 29.58 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 2.6% to 23972.29.

Kuaishou Technology closed 68% short of its 52-week high of HK$91.05, which the company reached Oct. 3.

Trading volume totaled 23.2 million shares, compared to the 50-day average of 44.7 million shares.

Data source: Dow Jones Market Data, FactSet

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