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Shares of China Mengniu Dairy Co. Ltd. slid 4.3% to 15.51 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 3.5% to 24382.47.
This was the stock's fifth consecutive day of losses.
China Mengniu Dairy Co. Ltd. closed 25% below its 52-week high of HK$20.80, which the company reached May 7.
Despite its losses, the stock outperformed some of its competitors, as China Modern Dairy Holdings Ltd. fell 8.3%.
Trading volume totaled 30.4 million shares, compared to the 50-day average of 27.9 million shares.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 23, 2026 04:32 ET (08:32 GMT)
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