China Overseas Land & Investment Stock Rallies 2.2% in Hong Kong

Dow Jones11-03

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

Shares of China Overseas Land & Investment Ltd. advanced 2.2% to 12.88 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 0.6% to 23525.97.

China Overseas Land & Investment Ltd. closed 23% short of its 52-week high of HK$16.70, which the company achieved May 14.

The stock demonstrated a mixed performance when compared to some of its competitors, as China Vanke Co. Ltd. remained unchanged, Tian Teck Land Ltd. rose 8.1%, and Henderson Land Development Co. Ltd. rose 1.1%.

Trading volume totaled 22.5 million shares, compared to the 50-day average of 30.1 million shares.

Data source: Dow Jones Market Data, FactSet

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