China Overseas Land & Investment Stock Slips 1.0% in Hong Kong

Dow Jones10-28

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

Shares of China Overseas Land & Investment Ltd. slumped 1.0% to 12.31 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 0.2% to 23094.83.

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

China Overseas Land & Investment Ltd. closed 26% below its 52-week high of HK$16.70, which the company reached May 14.

The stock demonstrated a mixed performance when compared to some of its competitors, as China Vanke Co. Ltd. fell 1.5%, Tian Teck Land Ltd. remained unchanged, and Henderson Land Development Co. Ltd. rose 0.1%.

Trading volume totaled 15.8 million shares, compared to the 50-day average of 30.8 million shares.

Data source: Dow Jones Market Data, FactSet

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