Sun Hung Kai Properties Stock Advances 2.0% in Hong Kong, Outperforms Competitors

Dow Jones16:32

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

Shares of Sun Hung Kai Properties Ltd. rallied 2.0% to 110.40 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 0.5% to 24917.60.

The stock's rise snapped a three-day losing streak.

Sun Hung Kai Properties Ltd. closed 26% below its 52-week high of HK$148.80, which the company achieved March 2.

The stock outperformed some of its competitors, as China Resources Land Ltd. rose 0.5% and Sino Land Co. Ltd. fell 0.2%.

Trading volume totaled 6.0 million shares, compared to the 50-day average of 4.9 million shares.

Data source: Dow Jones Market Data, FactSet

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