Sun Hung Kai Properties Stock Sheds 1.6% in Hong Kong, Underperforms Competitors

Dow Jones06-02

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

Shares of Sun Hung Kai Properties Ltd. slid 1.6% to 127.90 Hong Kong dollars on what proved to be an all-around great trading session for the Hong Kong stock market, with the Hang Seng Index rising 2.5% to 26038.32.

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

Sun Hung Kai Properties Ltd. closed 14% below its 52-week high of HK$148.80, which the company reached March 2.

The stock underperformed when compared to some of its competitors, as China Resources Land Ltd. fell 0.7% and Sino Land Co. Ltd. rose 0.3%.

Trading volume totaled 9.7 million shares, compared to the 50-day average of 5.1 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 02, 2026 04:32 ET (08:32 GMT)

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