China Overseas Land & Investment Stock Climbs 3.6% in Hong Kong, Outperforms Competitors

Dow Jones10-30

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

Shares of China Overseas Land & Investment Ltd. advanced 3.6% to 12.69 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 1.5% to 23294.42.

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

China Overseas Land & Investment Ltd. closed 24% below its 52-week high of HK$16.70, which the company reached May 14.

The stock outperformed some of its competitors, as China Vanke Co. Ltd. fell 2.0%, Tian Teck Land Ltd. fell 6.9%, and Henderson Land Development Co. Ltd. rose 2.2%.

Trading volume totaled 28.0 million shares, compared to the 50-day average of 30.7 million shares.

Data source: Dow Jones Market Data, FactSet

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