Hang Lung Properties (OTCMKTS:HLPPY) Sets New 1-Year High – Still a Buy?

Hang Lung Properties Ltd. (OTCMKTS:HLPPYGet Free Report)’s stock price reached a new 52-week high on Friday . The stock traded as high as $6.07 and last traded at $6.07, with a volume of 8539 shares changing hands. The stock had previously closed at $5.95.

Hang Lung Properties Trading Up 0.3%

The company has a 50-day moving average price of $5.79 and a 200-day moving average price of $5.51.

About Hang Lung Properties

(Get Free Report)

Hang Lung Properties is a Hong Kong–based real estate developer specializing in the investment, development and management of premium commercial and residential properties. With a primary focus on Grade A office towers, high-end shopping malls and upscale residential complexes, the company has established a reputation for delivering landmark projects that emphasize architectural quality and tenant experience.

Founded in the late 20th century as a spin-off from Hang Lung Group, Hang Lung Properties listed on the Hong Kong Stock Exchange in the early 1990s and soon thereafter embarked on an expansion into Mainland China.

Read More

Receive News & Ratings for Hang Lung Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hang Lung Properties and related companies with MarketBeat.com's FREE daily email newsletter.