Power Assets Holdings Stock Slips 1.5% in Hong Kong, Underperforms Competitors

Dow Jones

Jun 26

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

Shares of Power Assets Holdings Ltd. slipped 1.5% to 51.05 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.6% to 24325.40.

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

Power Assets Holdings Ltd. closed 7.8% short of its 52-week high of HK$55.35, which the company achieved Sept. 17.

The stock demonstrated a mixed performance when compared to some of its competitors, as Huaneng Power International Inc. fell 1.5%, CLP Holdings Ltd. remained unchanged, and Huadian Power International Corp. Ltd. fell 2.3%.

Trading volume totaled 2.6 million shares, compared to the 50-day average of 3.5 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 26, 2025 04:33 ET (08:33 GMT)

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Ltd. fell 2.3%. \n\n\n     Trading volume totaled 2.6 million shares, compared to the 50-day average of 3.5 million shares. \n\n\n  Data source: Dow Jones Market Data, FactSet \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 26, 2025 04:33 ET (08:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}