Hong Kong property shares weak after poor auction

Posted on May 11, 2010 at 23:47 PM EDT

Most Hong Kong property shares extend losses as a poor response to a government land auction in the city a day earlier strengthen expectations that real-estate prices will weaken in coming months.

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Cheung Kong Holdings Ltd Ord American Depositary Shares Hang Lung Properties Ltd American Depositary Shares Henderson Land Dev Co Ltd Ord American Depositary Shares Sino Land Company Ltd Sponsored ADR Sun Hung Kai Pptys Ltd Ord American Depositary Shares Swire Pacific Ltd Sponsored ADR representing 5 Class B Shares

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