HONG KONG – Stock of Sino Land Co Ltd (HKEX:83) gained 2.28 percent in today’s trading session at the Hong Kong Stock Exchange, leading the pack of stocks that rally even as the overall Hong Kong Hang Seng Index was down 0.71 percent.
Shares of Sino Land Co Ltd (HKEX:83) opened at HKD12.38 and reached a high of HKD12.62 apiece before it closed at HKD12.58, or HKD0.28 higher from the previous trading session.
Sino Land Company Limited, through its subsidiaries, develops and invests in properties, trades and invests in securities, and provides financing services. The Company also operates hotels and provides building management services.
The company’s stock has so far posted a year-to-date return of 0.48 percent, with a market capitalization of HKD76.54 billion and a current P/E ratio of 8.13.
It has a 52-week range of HKD10.42-HKD14.20. Its EPS stands at HKD1.55.
Last month, Sino Land was named as Hong Kong’s Best Developer for the second year in a row and won eight categories.
The award for Best Developer Overall in Hong Kong came in the 11th annual global Euromoney Real Estate Survey.
Sino Land also won eight Developer Categories. They were: Best Residential Developer in Hong Kong, Best Retail Developer in Hong Kong, Best Office/Business Developer in Hong Kong, Best Leisure/Hotel Developer in Hong Kong, Best Mixed Developer in Hong Kong, Best Industrial/Warehouse Developer in Hong Kong, Best Advisor & Consultant Overall, Best Advisor & Consultant for Agency/Letting Hong Kong. – BusinessNewsAsia.com