China Resources Land Stock Rallies 4.5% in Hong Kong

Dow Jones05-11 16:31

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

Shares of China Resources Land Ltd. advanced 4.5% to 38.40 Hong Kong dollars , on what proved to be an all-around mediocre trading session for the Hong Kong stock market, with the Hang Seng Index remaining mostly flat at 26406.84.

This was the stock's sixth consecutive day of gains.

China Resources Land Ltd. hit a new 52-week high, surpassing its previous peak of HK$36.90, which the company reached May 8.

The stock demonstrated a mixed performance when compared to some of its competitors, as Guangzhou R&F Properties Co. Ltd. rose 8.0% and Country Garden Holdings Co. Ltd. rose 1.9%.

Trading volume totaled 56.5 million shares, compared to the 50-day average of 17.7 million shares.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 11, 2026 04:31 ET (08:31 GMT)

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