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

Dow Jones11-05

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

Shares of China Overseas Land & Investment Ltd. rallied 3.6% to 13.21 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 3.7% to 24796.98.

China Overseas Land & Investment Ltd. closed 21% below 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. rose 3.2%, Tian Teck Land Ltd. fell 0.3%, and Henderson Land Development Co. Ltd. rose 4.1%.

Trading volume totaled 21.9 million shares, compared to the 50-day average of 30.3 million shares.

Data source: Dow Jones Market Data, FactSet

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