Shares of Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report) dropped 16.9% on Friday . The stock traded as low as $9.14 and last traded at $9.14. Approximately 395 shares were traded during mid-day trading, an increase of 3,047% from the average daily volume of 13 shares. The stock had previously closed at $11.00.
Hang Lung Group Stock Performance
The firm has a 50 day moving average price of $10.62 and a 200 day moving average price of $10.01.
About Hang Lung Group
Hang Lung Group is a Hong Kong–based property developer with a strategic focus on the investment, development and management of commercial real estate in Mainland China. The company’s portfolio encompasses large‐scale retail malls, premium office towers and mixed‐use complexes located primarily in major urban centres. Through an integrated approach to property development and asset management, Hang Lung Group aims to create landmark destinations that combine innovative design, high‐quality construction and curated tenant mixes.
Established in 1960, Hang Lung Group has grown from a local developer into one of the region’s leading real estate enterprises serving key Chinese markets.
Read More
Receive News & Ratings for Hang Lung Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hang Lung Group and related companies with MarketBeat.com's FREE daily email newsletter.
