Sun Hung Kai Properties Stock Sheds 1.9% in Hong Kong, Underperforms Competitors

Dow Jones
Aug 01

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Sun Hung Kai Properties Ltd. slid 1.9% to 91.70 Hong Kong dollars on what proved to be an all-around rough trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.1% to 24507.81.

This was the stock's third consecutive day of losses.

Sun Hung Kai Properties Ltd. closed 4.4% short of its 52-week high of HK$95.90, which the company achieved July 30.

The stock underperformed when compared to some of its competitors, as China Resources Land Ltd. fell 0.9% and Sino Land Co. Ltd. fell 0.2%.

Trading volume totaled 4.1 million shares, compared to the 50-day average of 4.1 million shares.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

August 01, 2025 04:32 ET (08:32 GMT)

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