Hongkong Land stock slips today as $6.4 billion Singapore fund launch cools — what’s next for SGX:H78
Hongkong Land shares fell 0.3% to US$8.59 Thursday afternoon in Singapore, easing after a two-day rally tied to its new S$8.2 billion commercial property fund. The stock hit a decade high at US$9.12 the previous day before retreating. Investors are watching for updates on buyback timing and new fund commitments. Trading volume topped 6.1 million shares.