Hang Lung Group (OTCMKTS:HNLGY) Trading Up 6.7% – Here’s Why

Hang Lung Group Limited (OTCMKTS:HNLGYGet Free Report) shot up 6.7% during mid-day trading on Friday . The company traded as high as $6.72 and last traded at $6.72. 3,600 shares traded hands during trading, an increase of 95% from the average session volume of 1,843 shares. The stock had previously closed at $6.30.

Hang Lung Group Trading Up 6.7 %

The firm has a fifty day moving average price of $6.42 and a 200-day moving average price of $6.03.

Hang Lung Group Company Profile

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Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.

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