This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of China Resources Land Ltd. shed 9.4% to 30.06 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.1% to 25566.99.
This was the stock's third consecutive day of losses.
China Resources Land Ltd. closed 25% below its 52-week high of HK$39.88, which the company achieved May 12.
The stock underperformed when compared to some of its competitors, as Guangzhou R&F Properties Co. Ltd. fell 3.0% and Country Garden Holdings Co. Ltd. fell 1.0%.
Trading volume totaled 93.7 million shares, compared to the 50-day average of 18.8 million shares.
Data source: Dow Jones Market Data, FactSet