This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of China Resources Land Ltd. slid 2.0% to 33.18 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.1% to 25584.79.
This was the stock's second consecutive day of losses.
China Resources Land Ltd. closed 17% below its 52-week high of HK$39.88, which the company reached May 12.
The stock underperformed when compared to some of its competitors, as Guangzhou R&F Properties Co. Ltd. rose 1.0% and Country Garden Holdings Co. Ltd. rose 2.6%.
Trading volume totaled 32.3 million shares, compared to the 50-day average of 18.9 million shares.
Data source: Dow Jones Market Data, FactSet
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