Fortune REIT (F25U.SG) succumbs to mild profit-taking after rising to six-month high of HK$3.45 (62.2 cents) in early trade.
The stock is off 0.3% at HK$3.41 but still up 13.3% since last week’s announcement of proposed dual listing in Hong Kong by way of introduction.
Recent uptrend likely to hold on expectation stock will command higher valuation once listed in HK, its main market for business. Fortune will hold EGM March 26 to seek investors’ approval.



