Tiger Brokers

Tingyi (Cayman Islands) Holding Stock Slips 1.5% in Hong Kong

Dow Jones
Aug 24

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

Shares of Tingyi (Cayman Islands) Holding Corp. slid 1.5% to 13.43 Hong Kong dollars on what proved to be an all-around rough trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.9% to 25517.33.

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

Tingyi (Cayman Islands) Holding Corp. closed 5.0% short of its 52-week high of HK$14.14, which the company achieved Aug. 21.

The stock underperformed when compared to some of its competitors, as Jiashili Group Ltd. rose 13%.

Trading volume totaled 17.8 million shares, compared to the 50-day average of 20.7 million shares.

Data source: Dow Jones Market Data, FactSet

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