Shares of Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $4.87 and traded as high as $6.00. Hysan Development shares last traded at $6.00, with a volume of 171 shares changing hands.
Hysan Development Price Performance
The stock has a 50 day simple moving average of $4.87 and a 200 day simple moving average of $4.35.
Hysan Development Company Profile
Hysan Development Company Limited is a Hong Kong–based property investment, management and development firm with a primary focus on the prime commercial and retail district of Causeway Bay. Established in the early 20th century by Harry Lee Hysan, the company has grown into one of the island’s leading landlords, specializing in high-end retail, office and residential properties. Its strategic portfolio spans flagship shopping arcades, Grade A office towers and luxury residential schemes.
The company’s core assets include integrated developments such as Lee Gardens, Hysan Place and Lee Theatre, which combine boutique retail outlets, fine-dining restaurants and premium office space under one roof.
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