China Resources Land Stock Sheds 2.2% in Hong Kong, Underperforms Competitors

Dow Jones
07/11

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

Shares of China Resources Land Ltd. shed 2.2% to 29.45 Hong Kong dollars on what proved to be an all-around great trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.5% to 24139.57.

The stock's fall snapped a two-day winning streak.

China Resources Land Ltd. closed 8.8% below its 52-week high of HK$32.30, which the company achieved Oct. 2.

The stock underperformed when compared to some of its competitors, as Guangzhou R&F Properties Co. Ltd. rose 3.7%, Country Garden Holdings Co. Ltd. remained unchanged, and China Vanke Co. Ltd. fell 1.1%.

Trading volume totaled 24.5 million shares, compared to the 50-day average of 18.4 million shares.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

July 11, 2025 04:31 ET (08:31 GMT)

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