Hang Lung Properties Stock Falls 2.0% in Hong Kong

Dow Jones11-06

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

Shares of Hang Lung Properties Ltd. slipped 2.0% to 6.63 Hong Kong dollars on what proved to be an all-around poor 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.

Hang Lung Properties Ltd. closed 36% short of its 52-week high of HK$10.30, which the company achieved Feb. 24.

The stock demonstrated a mixed performance when compared to some of its competitors, as Hang Lung Group Ltd. fell 1.7%, China Overseas Grand Oceans Group Ltd. fell 2.7%, and Wharf (Holdings) Ltd. fell 0.2%.

Trading volume totaled 10.1 million shares, compared to the 50-day average of 8.1 million shares.

Data source: Dow Jones Market Data, FactSet

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