Shares of Hang Lung Properties Ltd. (OTCMKTS:HLPPY – Get Free Report) saw an uptick in trading volume on Wednesday . 5,098 shares were traded during trading, an increase of 101% from the previous session’s volume of 2,533 shares.The stock last traded at $6.03 and had previously closed at $5.9150.
Hang Lung Properties Stock Performance
The company’s 50 day simple moving average is $5.78 and its 200 day simple moving average is $5.51.
About Hang Lung Properties
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.
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