Investor buys 339,500 shares of Kerry Properties
Published: 10 Sep 2009 00:54:24 PST
Sep. 10, 2009 (China Knowledge) - An investor this morning bought 339,500 shares of Hong Kong-based Kerry Properties Ltd<0683> for HK$13.31 million, sources reported. The average share price of the deal was HK$39.2 apiece. Mark Blackburn, managing director of Invesco Ltd, a U.S.-based investment and asset management company, said yesterday that he is eying real estate companies in Hong Kong and Australia for investment as they have a promising future and that Kerry Properties Ltd<0683> and China Overseas Land & Investment Ltd<0688> are his first choices for investment. Shares of Kerry Properties, a property and logistics company with investments throughout Asia, rose 1.29% to close at HK$39.25 today. Copyright © 2009 www.chinaknowledge.com |
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