STOCKS | CSPC Pharmaceutical Falls More Than 3% As Selling Pressure Builds

CSPC Pharmaceutical Group (01093) fell more than 3% to a low of HK$8.81, with turnover of 24.03 million shares worth HK$214 million, according to ETNet. The stock was down 3.19% at HK$8.81 and had fallen for four straight sessions, bringing the cumulative decline to 9%. Active sell orders outweighed buys by 40:60, with net active selling of HK$28.16 million. UBS was the largest net passive buyer at HK$10.62 million, while China Create Market Services was the largest net passive seller at HK$8.0419 million. The Hang Seng Index was down 1.3% at 24,955, while the Hang Seng China Enterprises Index fell 1.1% to 8,273.