Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report) shares rose 4.6% during mid-day trading on Tuesday. The company traded as high as $42.24 and last traded at $42.24. 451 shares changed hands during trading, a decline of 97% from the average daily volume of 17,589 shares. The stock had previously closed at $40.40.
Hongkong Land Stock Down 1.8%
The business’s 50 day moving average is $41.50 and its 200-day moving average is $39.61.
Hongkong Land Company Profile
Hongkong Land Holdings Limited is a property investment, management and development company with a long history in Asia. Established in 1889, the company is a member of the Jardine Matheson Group and is best known for its portfolio of premium commercial properties in Hong Kong’s Central district.
The company owns and operates office buildings, retail centers and other commercial properties, providing leasing, property management and related services. Its Hong Kong portfolio includes prominent office and retail developments serving multinational corporations, financial institutions, retailers and consumers.
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