Sinopharm Group Stock Slips 1.1% in Hong Kong

Dow Jones
Jul 16

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

Shares of Sinopharm Group Co. Ltd. shed 1.1% to 18.52 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 0.3% to 24517.76.

This was the stock's second consecutive day of losses.

Sinopharm Group Co. Ltd. closed 22% below its 52-week high of HK$23.65, which the company achieved Oct. 7.

The stock underperformed when compared to some of its competitors, as Shanghai Fosun Pharmaceutical (Group) Co. Ltd. rose 7.0%.

Trading volume totaled 5.3 million shares, compared to the 50-day average of 6.4 million shares.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

July 16, 2025 04:33 ET (08:33 GMT)

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