Zhongsheng Group Holdings Stock Slides 2.7% in Hong Kong

Dow Jones

Jul 16

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

Shares of Zhongsheng Group Holdings Ltd. slipped 2.7% to 11.66 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.

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

Zhongsheng Group Holdings Ltd. closed 43% below its 52-week high of HK$20.55, which the company achieved Nov. 11.

The stock underperformed when compared to some of its competitors, as China Harmony Auto Holding Ltd. rose 4.6%.

Trading volume totaled 7.3 million shares, compared to the 50-day average of 5.9 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 16, 2025 04:31 ET (08:31 GMT)

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