Sun Hung Kai Properties Stock Sheds 1.1% in Hong Kong

Dow Jones11-06

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

Shares of Sun Hung Kai Properties Ltd. shed 1.1% to 117.70 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.3% to 24481.86.

The stock's fall snapped a five-day winning streak.

Sun Hung Kai Properties Ltd. closed 21% below its 52-week high of HK$148.80, which the company achieved March 2.

The stock demonstrated a mixed performance when compared to some of its competitors, as China Resources Land Ltd. fell 1.3% and Sino Land Co. Ltd. fell 0.2%.

Trading volume totaled 6.2 million shares, compared to the 50-day average of 5.2 million shares.

Data source: Dow Jones Market Data, FactSet

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