Properties stocks on panic selling ahead of Wall St. reopens

Property stocks slumped across the board as Wall Street is expected to fall sharply on trade resumption tonight following a four straight day closure. At 11:08 a.m. local time, Cheung Kong Holdings Ltd. (0001) lost 3.8 percent to HK$56.75 after trading as low as HK$56, a 52-week low.

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