Hang Lung Properties Ltd. (OTCMKTS:HLPPY – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $4.26 and last traded at $4.55, with a volume of 14372 shares traded. The stock had previously closed at $4.52.
Hang Lung Properties Trading Up 0.7%
The stock’s 50-day moving average price is $5.22 and its 200 day moving average price is $5.65.
About Hang Lung Properties
Hang Lung Properties is a Hong Kong–based real estate developer specializing in the investment, development and management of premium commercial and residential properties. With a primary focus on Grade A office towers, high-end shopping malls and upscale residential complexes, the company has established a reputation for delivering landmark projects that emphasize architectural quality and tenant experience.
Founded in the late 20th century as a spin-off from Hang Lung Group, Hang Lung Properties listed on the Hong Kong Stock Exchange in the early 1990s and soon thereafter embarked on an expansion into Mainland China.
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