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Examples
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Shares of Sun Hung Kai Properties advanced 1.8%, Sino Land rose 2% and Henderson Land Development climbed 2.6%.
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Blue-chip Henderson Land Development fell 2.3% after the property developer said Tuesday that it will book a loss in the first half of this year from the cancellation of sales at a luxury residential project.
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In Hong Kong, blue-chip Henderson Land Development fell 2.3% after the property developer said Tuesday that it will book a loss in the first half of this year from the cancellation of sales at a luxury residential project.
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In Hong Kong, property-developer stocks pressured the market with Cheung Kong Holdings down 0.8% and Henderson Land Development losing 2.1%.
Asia Posts Modest Gains Myra P. Saefong 2010
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Property shares fell less than the broad market on hopes for the government stimulus, with Cheung Kong (Holdings) down 2.1% and Henderson Land Development off 1.4%.
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Cheung Kong (Holdings) declined 1.4%, and Henderson Land Development fell 1.2%.
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Sino Land fell 9.6%, Sun Hung Kai Properties dropped 5.5% and Henderson Land Development slid 5.8%.
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Sun Hung Kai Properties rose 2.3% and Henderson Land Development gained 2.2%.
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New World Development fell 9.3%, Sun Hung Kai Properties shed 8% and Henderson Land Development dropped 6.2%.
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Sino Land fell 9.6%, Sun Hung Kai Properties dropped 5.5%, and Henderson Land Development slid 5.8%.
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