Sun Hung Kai Properties Stock Rallies 2.3% in Hong Kong, Outperforms Competitors

Dow Jones11-04

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

Shares of Sun Hung Kai Properties Ltd. rallied 2.3% to 113.60 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 1.7% to 23919.50.

This was the stock's fourth consecutive day of gains.

Sun Hung Kai Properties Ltd. closed 24% 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. fell 0.3% and Sino Land Co. Ltd. rose 1.8%.

Trading volume totaled 5.4 million shares, compared to the 50-day average of 5.1 million shares.

Data source: Dow Jones Market Data, FactSet

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