What’s the Shanghai Fosun Pharmaceutical (Group) Co., Ltd. Volume being traded?

The Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (2196.HK) shows volume 4.77M being traded in the market.

What was the Shanghai Fosun Pharmaceutical (Group) Co., Ltd. price at day open today?

When the stock market opened today, Shanghai Fosun Pharmaceutical (Group) Co., Ltd. started trading at HK$17.

Is it possible to predict the market?

While no one can predict it with absolute certainty, investors and traders have tools at their disposal to make informed estimates about potential market movements. Techniques like technical analysis, including studying stock charts and interpreting trading signals, can provide insights into where the market might be headed.

Why Is Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (2196.HK) Stock Down Today?

Live update on 2196.HK's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

2196.HK●HKSE

HealthcareDrug Manufacturers - Specialty & Generic

HK$16.22

HK$0.68(4.02%)

Hong Kong Market opens in 41h 50m

Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (2196.HK)

Day Change

4.02%

↓ 4.02%

Volume (Unusual)

4.77M

↑ 57.00%

Open / Previous Close

$17.00 / $16.90

Day Range (Low / High)

$15.86 - $17.00

Summary

Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (2196.HK) is trading down -4.02% at $16.22, reflecting a negative shift in investor sentiment today. The stock opened at $17.00 and has moved between $15.86 and $17.00 so far.

Trading volume is 4766455, which is 57% above its average, and the price action suggests selling interest.

Technically, 2196.HK is trading below its 50-day moving average of $16.85 and below its 200-day moving average of $20.06, indicating short-term and long-term weakness.

Meyka's AI assigns 2196.HK a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +17.08% in 1 month ($18.99), +40.35% in 1 year ($22.76), and +143.57% in 5 years ($39.51).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

2196.HK Technical Signals

Trading below 50-day moving average ($16.85)

Trading below 200-day moving average ($20.06)

Analyst Recommendations data is not available for 2196.HKAnalyst Recommendations details for 2196.HK are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$18.99

1 Year

$22.76

3 Years

$31.16

5 Years

$39.51

Good66.00

Is this change significant?

5-Day:+1.50%

1-Month:+2.92%

3-Month:-19.54%

What's next?

Next earnings date: 7/30/2025