Shares of CapitaLand China Trust (OTCMKTS:CLDHF – Get Free Report) fell 16.4% during trading on Thursday . The company traded as low as C$0.50 and last traded at C$0.50. 118 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 9,356 shares. The stock had previously closed at C$0.59.
CapitaLand China Trust Price Performance
The stock’s fifty day simple moving average is C$0.60 and its 200 day simple moving average is C$0.61.
CapitaLand China Trust Company Profile
CapitaLand China Trust (OTCMKTS: CLDHF) is a real estate investment trust (REIT) that focuses on owning and managing income-producing commercial properties in the People’s Republic of China. Sponsored by CapitaLand Investment, one of Asia’s largest diversified real estate groups, the trust provides investors with access to a portfolio of office and retail assets located in major Chinese cities. Its diversified holdings span Beijing, Tianjin, Wuhan, Chongqing, Shenyang and Hefei, offering exposure to key economic hubs across the country.
The trust’s portfolio comprises well-located office towers and integrated retail malls, including flagship properties such as Fortune Plaza in Beijing and various mixed-use developments in fast-growing provincial capitals.
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