Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) shares saw unusually-strong trading volume on Monday. Approximately 302,234 shares were traded during mid-day trading, an increase of 341% from the previous session’s volume of 68,557 shares. The stock last traded at $3.4410 and had previously closed at $3.51.
Henderson Land Development Trading Down 2.0%
The company’s 50-day moving average is $3.49 and its 200 day moving average is $3.61.
About Henderson Land Development
Henderson Land Development Company Limited is a Hong Kong-based property developer and investment company. Founded in 1976 by Lee Shau-kee, the company develops and manages residential, commercial and mixed-use properties, with activities concentrated in Hong Kong and mainland China.
The company’s portfolio includes luxury housing, office buildings, shopping centers, hotels and large-scale urban redevelopment projects. Henderson Land also owns and operates investment properties that generate recurring rental income, and has participated in major commercial developments such as the International Finance Centre complex in Hong Kong.
In addition to property development and investment, the group has interests in businesses related to construction, infrastructure and property services.
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