Henderson Land Development Stock Rises 5.5% in Hong Kong

Dow Jones
Jul 02

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

Shares of Henderson Land Development Co. Ltd. advanced 5.5% to 28.95 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.6% to 24221.41.

The stock's rise snapped a three-day losing streak.

Henderson Land Development Co. Ltd. hit a new 52-week high, surpassing its previous peak of HK$28.85, which the company reached June 25.

The stock demonstrated a mixed performance when compared to some of its competitors, as New World Development Co. Ltd. rose 9.8%, China Resources Land Ltd. rose 0.8%, and Sino Land Co. Ltd. rose 4.3%.

Trading volume totaled 11.9 million shares, compared to the 50-day average of 7.7 million shares.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

July 02, 2025 04:31 ET (08:31 GMT)

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