Hang Lung Properties (OTCMKTS:HLPPY) Shares Gap Down – Here’s Why

Hang Lung Properties Ltd. (OTCMKTS:HLPPYGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $5.74, but opened at $5.5550. Hang Lung Properties shares last traded at $5.5550, with a volume of 2,530 shares traded.

Hang Lung Properties Trading Down 4.2%

The business’s 50-day moving average is $5.72 and its two-hundred day moving average is $5.37.

About Hang Lung Properties

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Hang Lung Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hang Lung Properties and related companies with MarketBeat.com's FREE daily email newsletter.