Nongfu Spring (09633) declined more than 3% on Monday, slipping to a low of HK$41.68 and moving beneath its 50-day moving average around HK$42.218, according to ETNet.

During the session the stock peaked at HK$43.02 on volume of 2.9537 million shares, with turnover of HK$125 million. The intraday buy-sell ratio stood at 53:47 in favor of buyers, and net active buying totaled HK$6.3453 million.

The declines extend a two-session slide for Nongfu Spring, leaving the stock down 4.2% over that period.

Elsewhere, the Hang Seng Index sagged 225 points to 25,341, a 0.9% drop, while the Hang Seng China Enterprises Index slipped 38 points to 8,474, about 0.5% lower.