Hongkong Land (OTC:HKHGF) Stock Price Up 1.2% – Here’s What Happened

Hongkong Land Holdings Limited (OTC:HKHGFGet Free Report) shares shot up 1.2% during trading on Thursday . The stock traded as high as $8.78 and last traded at $8.70. 1,000 shares were traded during mid-day trading, a decline of 84% from the average session volume of 6,289 shares. The stock had previously closed at $8.60.

Hongkong Land Stock Performance

The business’s 50-day moving average is $7.69 and its 200-day moving average is $6.75.

About Hongkong Land

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Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta. The company also develops and sells residential properties.

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