Hongkong Land share price near 52-week high as APG, Qatar fund talk and buyback stay in focus
Hongkong Land shares traded at US$8.48 in Singapore Friday, near a 52-week high. The company confirmed APG and Qatar Investment Authority as anchor investors in its upcoming S$8 billion Singapore property fund. Hongkong Land repurchased and will cancel 175,000 shares at an average of US$8.36 each. The stock is up about 96% over the past year.