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Shares of Hang Lung Properties Ltd. slipped 4.4% to 8.50 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 3.5% to 24382.47.
This was the stock's third consecutive day of losses.
Hang Lung Properties Ltd. closed 17% below its 52-week high of HK$10.30, which the company achieved Feb. 24.
The stock underperformed when compared to some of its competitors, as Hang Lung Group Ltd. fell 2.2%, China Overseas Grand Oceans Group Ltd. fell 3.8%, and Wharf (Holdings) Ltd. fell 2.8%.
Trading volume totaled 19.1 million shares, compared to the 50-day average of 12.9 million shares.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 23, 2026 04:32 ET (08:32 GMT)
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