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Hot stock: HPH Trust slips 2% on heavy trading following weaker H1 results

Yong Hui Ting
Published Wed, Jul 27, 2022 · 09:51 AM

SHARES of Hutchison Port Holdings Trust : NS8U 0% (HPH Trust) were trading in hefty volumes on Wednesday (Jul 27), as price slipped roughly 2.1 per cent or US$0.005 to US$0.235 as at 9.19 am. Some 2.1 million shares changed hands at the time.

The last time the mainboard-listed counter closed near this level was in June and no married deals were recorded according to ShareInvestor data.

This comes after the trust posted a decline in its H1 profits due to lower volumes of export/import cargoes handled in Hong Kong.

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